Contact Information

RV Park/Campground Details

  • Price: $4,300,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 8.3%
  • Property ID: 1090389
  • Posted on Jun 5, 2019

Property 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 15+ more pads! Tenants here are all back ground checked, and have a real sense of community, with many being residents for 1.5+ years. 6 septic systems have been installed since 2016, and the septic system 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 (coming soon!). The tenants are very friendly and self-policing, making for a great little community. Property is fully fenced and gated.

In addition to 83 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 rental 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 membership (coming soon)

* 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: 83
Year Built: 2016
Average RV Lot Rent: $395
Size: 10.3 acre(s)

Financial Information (Actual)

Gross Income $520,030
Operating Expense $163,551
Net Operating Income $356,478
Expense Ratio 31.5 %
Debt Info

Utility Information

Water: City
Sewer: Septic

Similar RV Parks for Sale