Lost Alaskan RV - for Sale in Alpine, Texas

2401 N. Hwy. 118
Alpine, TX 79830
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Sale Price: $2,200,000

Seller Information

Tommy Owen
Owen Management Co.

RV Park/Campground for Sale

Number of RV Lots: 91
Size: 16 acre(s)
Cap Rate: 10.3%
Purchase Method: Seller Financing
Status: Active
Property ID: 107887
Posted on: Nov 10, 2011
Updated on: Nov 10, 2011
Price: $2,200,000

Property Description

FOR SALE BY OWNER: 91 space RV Park on 16 acres in the mountains of southwest Texas. All spaces are big-rig friendly with 90’ pull throughs; amenities include a “10” rated bath house and laundromat, both with all tile floors and walls. The park is situated among 500 pine trees, has an outdoor pool with splash pad, a children’s play area, two new park model apartments and paved streets.
The owner/ operator will appreciate the lovely 3 bedroom, 2 bath brick home with a 4 car garage and a RV garage. Property taxes are very low. Owner financing is available with 25% down; asking price is $2.2 million; gross of $320,000; and 10.25 cap rate.
This Pride of Ownership park, with great customer reviews, is ideal for the owner/ operator who would enjoy the good life of a small town, away from the hustle and bustle of the big city. If you are looking for a nice business in a peaceful, friendly town with great weather, this may be the one for you.
contact Tommy Owen @ 512 567 0267 or trowen49@aol.com

Location Description

On the north edge of town across the street from the new regional hospitial,district courthouse and the state highway department. One half mile from regional airport.

Park Information

Year Built:1999
Size:16.0 acre(s)

Financial Information (Actual)

Gross Income$332
Operating Expense$116
Net Operating Income$215
Expense Ratio 34.9%
Debt Info

RV Space Information

Number of RV Lots:91
Average RV Lot Rent: $36

Utility Information

Water:Well
Sewer:Septic

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Manager Office: Yes
Bathhouse: Yes
Store: Yes
Wifi: Yes