RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Listing ID: 822105
- Posted On: Jun 12, 2017
- Updated On: Sep 12, 2017
Description
This facility is only 10 years old and already rated one of the top 5 parks in the State of Texas by Good Sam. Rated #1 in the area on TripAdvisor, Expedia, Yelp, RVParkReviews and Google+. Open year-round. Just off I-40 - hundreds of thousands of vehicles per week. Recent appraisal of $6.5M. Asking price yields 10-12% cap rate. Room for expansion and growth with undeveloped adjoining 5 acres. Year round occupancy averages 85%. Annual revenue at $1.2M+. Owners may consider carrying a portion of the note.
188 full service sites / 147 pull thrus
Private showers/bathrooms with storm shelters
All paved roads and level concrete sites
Heated outdoor pool and spas (seasonal)
Propane on-site
Large Clubhouse
Exercise room
Laundry facilities
Owner/manager apartment
Retail and restaurant area
24 acres + 5
Non-Disclosure / Confidentiality Statement required prior to viewing property and providing additional information.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
- Fitness Center
Park Information
Number of RV Lots: | 188 |
Size: | 24.0 acre(s) |
Utility Information
Water: | Well |
Sewer: | Septic |