RV Park/Campground for Sale in Piney Woods Of Se, Texas
Piney Woods Of Se, TX
RV Park/Campground for Sale
|Posted on:||Jun 06, 2011|
|Updated on:||Jun 30, 2011|
2518 CR 2016
Piney Woods of SE, Texas 75966
Spaces: 110 acre RV & Cabin resort features 23 cabins, 66 full hookup sites and 4 water & electric only sites and 200 tent sides
Cap Rate: 10
The parkâ€™s operation has been completely reorganized over recent years to take advantage of the multiple income streams unique to this property.
Beautiful and secluded, this 110 acre RV & Cabin resort features 23 cabins, 66 full hookup sites and 4 water & electric only sites and 200 tent sides. All this accentuated with 15 acres of stocked, private finger lakes surrounding the community. A separate 1.5 acre Artesian spring-fed lake used as a natural swimming hole is also for the enjoyment of the resort.
Resort amenities include a 1,200 sf party room, laundry room with 2 coin washers and 2 coin dryers, housekeeping laundry room, 2 bathhouses, mini putt course, playground, horse ranch, paintball course, snack bar, 100 foot water slide, white sand beach for water volleyball, koi pond, half court basketball court.
The park could generate more income by adding more cabins. From Memorial Day thru Labor Day weekend, the cabins are completely sold out. Current owner has been purchasing inexpensive cabins and will provide this information to new owner.
The property has 3 free flowing Artesian wells that provide the campground with tens of thousands of gallons of delicious, cold water daily. In 2010, the Southeast Texas Groundwater District grandfathered in our wells and issued a permit. The groundwater district limitâ€™s the amount of wells drilled in the area. This is a wonderful possibility for a company who wants to open a bottling plant on the grounds. The current owners are also open to partnering with a water company to sell the water in bulk.
The campground is for sale for $1,995,000 -- $1.6M for the property and $399,000 for the water rights, but if purchased together, the current owner will discount to $1,895,000 (negotiable).
There are too many wonderful things to say about this property to list. In existence for over 20 years, Artesian Springs has a tremendous following and many loyal customers in and around the south east Texas and western Louisiana area. This is a MUST SEE opportunity!
South East Texas on the Texas/Louisiana Border (Sabine River basin) 2.5 hours northeast of Houston, 1.5 hours north of Beaumont, 1.25 hours, west of Lake Charles, LA.