Contact Information
RV Park/Campground Details
- Price: $4,500,000
- Purchase Method: Cash, Seller Financing, New Loan
- Listing ID: 6760047
- Posted On: Oct 30, 2024
- Updated On: Dec 4, 2024
Description
JTACR Real Estate Group is pleased to present Rock Creek Camp RV & MH Community: a stunning, 84-site, 28 deeded acre destination community located on the beautiful and highly sought after Possum Kingdom Lake.
The community features 11 cabins, 41 sites designated for long term MH or RV sites, 20 tenant owned MH sites, 12 weekend RV sites, a fully stocked convenience store, a $1m resort style pool, coin operated laundry, a newly renovated boat ramp, fish cleaning station, boat docks, a community and event center, and much more. With its variety of amenities, Rock Creek Camp has become a local favorite. Owners cater to the community by selling season passes for the pool, daily passes for the pool, sponsoring local events and charities, honor system use of the boat ramp, and free coffee inside the main office.
Advantageously positioned on Possum Kingdom Lake, this property boasts the most lake frontage owned by a private entity on the ENTIRE lake. The community has a public water provider and on-site septic holding tanks. Current ownership manages and operates the community.
Future ownership has the opportunity to bring the annual and monthly rents up to market rates, develop additional sites, bring in cabins/tiny homes to meet market demands, improve marketing and promotions to boost revenues, and so much more. This opportunity is an ideal purchase for many buyer types and has left so much meat on the bone for future ownership.
Key Things to Remember:
- High barrier to entry - Under market rents - High demand for lakefront housing
- Outside city limits in Palo Pinto County
- Possum Kingdom receives millions of visitors per year per Brazos River Authority
- Home to the famous Hell's Gate - Red Bull International Cliff Diving competitions
- VRBO going rates: $200-400 per night
Contact us for the full Due Diligence folder!
Amenities
- Laundromat
- Pool
- Club House
- Boat Access
- Manager Office
- Store
- Wifi
Park Information
Number of RV Lots: | 84 |
Average RV Lot Rent: | $650 |
Size: | 27.8 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $782,486 |
Utility Information
Water: | City |
Sewer: | Septic |