Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 17.5%
- Listing ID: 1096637
- Posted On: Jun 20, 2019
- Updated On: Jan 21, 2020
Description
2017 construction park in the Permian basin area of west Texas and near new refinery in Kermit TX. On city water and sewer. 100% occupied with a wait list, site consists of 18 RV Spaces and two modular homes. Offered at a 17.5% CAP rate. All tenants are on monthly contracts. Extreme barriers to entry for new parks
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Park Information
| Number of RV Lots: | 20 |
| Year Built: | 2017 |
| Average RV Lot Rent: | $600 |
| Size: | 1.3 acre(s) |
Utility Information
| Water: | City |
| Sewer: | City |
