RV Park/Campground Details
- Purchase Method: Cash
- Listing ID: 348732
- Posted On: Dec 8, 2012
- Updated On: Mar 3, 2015
Description
One of, if not the, only full and usable 1 acre R2 tract in this part of Old Town Port A. One of the highest elevations in town and excellent water cap. This is the cleanest little park in Port Aransas. All tenants long term (with exception of monthly vacation rental). Everyone pays their bills every month no exceptions. Next door to Trinity by the Sea Episcopal church! Newly renovated park in beautiful Port Aransas. 23 space including 7 park owned units. Newer 18 by 30 concrete foundation metal frame shop. Seven park owned units including owner's 3 bdrm home, five rented long term, one month to month vacation rental. Laundry, landscaped. 3 blocks from beach. Zoned R2. Possible 16 town homes. Duplicate what we have done with park owned short term and long term rentals and generate incredible revenue at a fraction of the cost of stick built homes until you are ready to build your townhome project and net 7 figures when sold. Cash only, no owner financing. Actual gross $120,000/year. Have not raised rent in two years. PARK IS FULL, with waiting list. Pro forma income of 145,000 to 150,000 in 30 days with increase in rents and renting owner's home. Price is a reflection of not just the business valuation, but also a premium for location of raw R2 land in Old Town Port A, which is where substantial investment money is going. Act now before Schlitterbahn Water Park becomes a reality and land values go up again. Call or Text Peter at 907-738-0361
Park Information
Number of RV Lots: | 23 |
Year Built: | 1975 |
Average RV Lot Rent: | $325 |
Size: | 1.0 acre(s) |