Aerial view showing boundaries, office building, pads, rentals, rec area, club house, etc.
Aerial view showing boundaries, office building, pads, rentals, rec area, club house, etc.
8 Suite Office Building
8 Suite Office Building
Front view
Front view
Front gate, park is entirely fenced with gate access only
Front gate, park is entirely fenced with gate access only
Sign view from FM 730
Sign view from FM 730
Gate clicker or key code are the only ways to access the park
Gate clicker or key code are the only ways to access the park
Club house with kitchen, bathrooms, laundry, and multiple rec rooms for guest usage
Club house with kitchen, bathrooms, laundry, and multiple rec rooms for guest usage
Lobby of office building
Lobby of office building
Office building conference room
Office building conference room
Kitchen and one of the office building baths
Kitchen and one of the office building baths
Front area of one of the larger office suites
Front area of one of the larger office suites
Front area of one of the larger office suites
Front area of one of the larger office suites
Back area of one of the larger office building suites
Back area of one of the larger office building suites
One of the Club House rooms
One of the Club House rooms
The "Texas Room" in the Club House
The "Texas Room" in the Club House
Coin operated laundry generates just under $7K/yr!
Coin operated laundry generates just under $7K/yr!
View down one of the aisles
View down one of the aisles
Rec area, with seating, grille area, volleyball, and basketball
Rec area, with seating, grille area, volleyball, and basketball
All of the furniture has been built by residents.
All of the furniture has been built by residents.
One of two dog parks
One of two dog parks
Propane filling station brings in over $7K/yr!
Propane filling station brings in over $7K/yr!
Satellite view showing gas stations, restaurants, Walmart, and stores nearby.
Satellite view showing gas stations, restaurants, Walmart, and stores nearby.
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view showing boundaries, office building, pads, rentals, rec area, club house, etc.
8 Suite Office Building
Front view
Front gate, park is entirely fenced with gate access only
Sign view from FM 730
Gate clicker or key code are the only ways to access the park
Club house with kitchen, bathrooms, laundry, and multiple rec rooms for guest usage
Lobby of office building
Office building conference room
Kitchen and one of the office building baths
Front area of one of the larger office suites
Front area of one of the larger office suites
Back area of one of the larger office building suites
One of the Club House rooms
The "Texas Room" in the Club House
Coin operated laundry generates just under $7K/yr!
View down one of the aisles
Rec area, with seating, grille area, volleyball, and basketball
All of the furniture has been built by residents.
One of two dog parks
Propane filling station brings in over $7K/yr!
Satellite view showing gas stations, restaurants, Walmart, and stores nearby.
Aerial view
Aerial view
Aerial view
Aerial view
Aerial view

RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 9.4%
  • Listing ID: 1090389
  • Posted On: Jun 5, 2019
  • Updated On: Jun 3, 2020

Description

Turn key investment opportunity with room to grow! This RV park has been meticulously built from the ground up, beginning in 2016, and has room and infrastructure for 10+ more pads! Tenants here are all back ground checked, and have a real sense of community, with many being residents for 2+ years. All 7 septic systems have been installed since 2016, and the septic systems will sustain expansion and still be within the allowable gallon/day usage. There are currently 83 pads, 8 rental units, and an 8 suite office building built in 2016. There is also a rec area, a clubhouse, a dog park, a propane filling station, high speed (actual high speed!) wireless internet throughout, coin operated laundry, and a gym (paid membership). The tenants are very friendly and self-policing, making for a great little community. Property is fully fenced and gated.

In addition to 87 pads, here are the income producing assets which are conveying:
- 8 suite office building built in 2016
- Brick rental/duplex
- 4 rental trailers (3 single wides, 1 double wide)
- 1 Tiny house
- 1 4 room storage trailer
- 1 rental room in the clubhouse
- 2 storage trailers
- 5 rented sheds
- 4 rented pallet decks
- Paid overflow parking
- Propane filling station
- Coin operated laundry
- High speed wireless internet
- Gym

* Owner financing terms available
** Full financials available with signed NDA

Location

On the west side of FM 730, 6 miles north of Walmart/199. Property is wholly in Parker County a/o 2/2019, but is in Azle ISD.

Amenities

  • Laundromat
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Wifi
  • Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 87
Year Built: 2016
Average RV Lot Rent: $395
Size: 10.3 acre(s)

Financial Information (Actual)

Gross Income: $525,213
Operating Expense: $159,955
Net Operating Income: $365,257
Expense Ratio: 30.5 %

Utility Information

Water: City
Sewer: Septic

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