Introducing Crystal Palms RV Park, a Lucrative Investment Opportunity in Crystal Beach, TX!

Location: Crystal Palms RV Park is conveniently situated at 1046 Fisherman Dr N, Crystal Beach, TX 77650, a prime area for attracting tourists and outdoor enthusiasts.

Close to entrance to the Beach and the Bay

Premier Property: Presented by Heather Carlile of Blavesco Limited, this premier property offers 40 units and boasts an impressive initial market value of $3,400,000. This indicates strong potential for appreciation over time.

Attractive Purchase Price: With a purchase price of $3,300,000 and an initial cash investment of $1,056,000, investors can enter the market at an attractive value, providing room for potential future gains.

Steady Cash Flow: Crystal Palms RV Park guarantees a steady cash flow, with an impressive net operating income of $211,103 This consistent income stream is appealing to investors seeking stability.

Security and Quality: The property features 16 units that are less than 2 years old , providing a sense of security for potential buyers. This enhances the overall quality of the investment and reduces maintenance expenses.

Long-Term Leases: A significant majority of tenants are on long-term leases, ensuring a consistent income stream for the foreseeable future. This minimizes vacancy risks and adds stability to the investment.

Favorable Cap Rate : With a cap rate of 6.4%, Crystal Palms RV Park offers attractive returns compared to other investment options.

High Potential for Profit: The projected internal rate of return of 17.9% over a 10-year period indicates the potential for substantial profit. Investors can expect their investment to grow significantly over time.

Opportunity to increase income by offering daily/weekly or short term rentals

All pads are individually metered and utilities billed back to tenants

https://crystalpalmsrvpark.com/