RV Park/Campground Details

  • Purchase Method: Cash
  • Cap Rate: 12.7%
  • Listing ID: 3489339
  • Posted On: Aug 7, 2023
  • Updated On: Sep 1, 2023

Description

RV Park near Fort Park. Has 7 slots with 6 taken up with long term tenants. Also single wide 3 bed 2 bath home. Lot size is 2.27 acres with lots of potential to grow. Strategically spaced between two lakes. Also has bait shop that is currently being run by owners. 3 RV's will be included with the park. Small assignment fee at closing. Please contact me for details.

I have equitable interest in a contract for an RV park with upside potential available for assignment.

Location

Hwy 14 between Mexia and Grosebeck

Amenities

  • Storage
  • Store
  • Wifi
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Park Information

Number of RV Lots: 7
Year Built: 0
Average RV Lot Rent: $516
Size: 2.3 acre(s)

Financial Information (Actual)

Gross Income: $37,200
Operating Expense: $9,423
Net Operating Income: $27,777
Expense Ratio: 25.3 %

Utility Information

Water: Well
Sewer: Septic

Video

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