RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.1%
- Listing ID: 4814143
- Posted On: Mar 15, 2024
- Updated On: Apr 15, 2024
Description
Excellent opportunity to own an RV Park in booming Bastrop! Located across from Bastrop State park and very close to downtown and shopping. Not to mention Buccee's just down the street off 95.
The owners completed this park in December of 2019 and had it stabilized by June of 2020. There are 18 sites and one office trailer. There is no room for expansion on the current property due to the "Houston Toad Protection" area restrictions.
Each site has 30 and 50 amp service, which is metered. All sites have sewer and water hookups. The entire park has wifi. There is no dump station at the park. We don't accept any cash on the property, only credit cards. There are two washers and two dryers, both of which are credit card operated. There is a bathroom and shower available for residents to use as well.
Please do not disturb residents or ask questions of park host. Listing agent has ownership interest in park so ask any questions you may have to him. The park is currently being run absentee with help of the park host. You can find more information and photos on our site. Here is a link to our photo gallery: https://thepinesrv.com/gallery/
Location
Park is located a few miles from Hwy 95 on Hwy 21 in Bastrop TX.
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
Number of RV Lots: | 18 |
Year Built: | 2019 |
Average RV Lot Rent: | $575 |
Size: | 2.3 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $140,880 |
Operating Expense: | $74,526 |
Net Operating Income: | $66,364 |
Expense Ratio: | 52.9 % |
Utility Information
Water: | City |
Sewer: | Septic |