RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 12.0%
- Listing ID: 472898
- Posted On: Sep 29, 2014
- Updated On: Jan 3, 2017
Description
Well established RV/MH park located in "Sunny South Texas". 65 mobile home spaces & 46 RV spaces (112 Spaces). Full occupancy during Winter Texas season.
Amenities include park office, owner's mobile home,clubhouse/rec hall, large kitchen fully equipped, indoor heated pool, Jacuzzi, shuffleboard, billiards room, craft room, shop. Park is fenced and gated with paved streets, lush landscaping, huge mature trees, fruit trees, grassy lawns. All city utilities.
Location
Located in the Rio Grande Valley, South Texas, in the City of Alamo, Texas. Less than 1 mile south of Expwy. 83. Huge shopping center area, Super WalMart, in the immediate area. 10 minutes from McAllen, 1 hour from sunny South Padre Island. Less than 30 minutes to Mexico for shopping & dining. Alamo is the gateway to the Santa Ana National Wildlife Refuge, excellent for birding, hiking, biking. Close to several golf courses, hunting, fishing, beaches & FUN.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 111 |
| Year Built: | 1979 |
| Size: | 10.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $183 |
| Operating Expense: | $66 |
| Net Operating Income: | $117 |
| Expense Ratio: | 36.1 % |
Utility Information
| Water: | City |
| Sewer: | City |