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Address is 4586 South Us Highway 281 Mineral Wells, TX 76067

Robert Powell

Powell Realty Advisors, LLC

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TEXAS STAR RV RESORT

RV Park/Campground for Sale in Mineral Wells, Texas

4586 South Us Highway 281
Mineral Wells, TX 76067

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Sale Price: $1,800,000
 

Contact Information

Robert Powell
Powell Realty Advisors, LLC

RV Park/Campground for Sale

Year Built: 2009
Number of RV Lots: 57
Size: 14.6 acre(s)
Cap Rate: 7.2%
Purchase Method: Cash
Status: Active
Property ID: 804956
Posted on: Apr 20, 2017
Updated on: Apr 20, 2017
Price: $1,800,000

Property Description

The Texas Star RV Resort offers 57 spacious RV sites, two rental cabins, nine trailers for rent, a 2,200 SF manager's house with resort office, a 3,800 SF air conditined club house for weddings, family reunions or other events, a 900 SF laundry room/bath house/fitness center, a 4 stall horse barn with pasture for a horse hotel, a playground and a swimming pool. Approximately 8 acres of the site can be used for expansion. The sites are spread out amoung many native oak trees. Almost all the cutomers are long term renters. This is a special property. 42.72 contiguous acres are also for sale.

Park Information

Year Built:2009
Size:14.6 acre(s)

Financial Information (Actual)

Gross Income$215
Operating Expense$85
Net Operating Income$129
Expense Ratio 39.5%
Debt Info

RV Space Information

Number of RV Lots:57

Utility Information

Water:City
Sewer:Septic

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Manager Office: Yes
Bathhouse: Yes
Wifi: Yes
Fitness Center: Yes