Contact Information
RV Park/Campground Details
- Price: $16,500,000
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 6.0%
- Listing ID: 4565410
- Posted On: Feb 26, 2024
- Updated On: Apr 25, 2024
Description
Corral RV Resort is a 209 space RV park that is conveniently located in Northwest Houston within a few miles of hospitals, medical facilities, restaurants, Wal-Mart, Tomball antique shops, all major RV repair /services, and everything that Tomball, Spring, Houston and The Woodlands have to offer.
Location
1 mile SE of the intersection of SH 249 and FM 2920 in Tomball, TX.
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Store
- Wifi
- Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 209 |
| Year Built: | 2005 |
| Average RV Lot Rent: | $700 |
| Size: | 23.7 acre(s) |
Financial Information (Actual)
| Gross Income: | $1,825,000 |
| Operating Expense: | $745,000 |
| Net Operating Income: | $1,080,000 |
| Expense Ratio: | 40.8 % |
| Debt Info: | CMBS |
Utility Information
| Water: | City |
| Sewer: | City |
