Contact Information

Tyler Trahant

The Trahant Company

RV Park/Campground Details

  • Price: $775,000
  • Purchase Method: Cash
  • Cap Rate: 11.1%
  • Property ID: 1278932
  • Posted On: Jun 26, 2020
  • Updated On: Jun 26, 2020

Property Description

Cedar Ridge RV Park is a 54 Unit RV Park in Glen Rose, Texas less than 1/2 mile from the entrance to Fossil Rim Wildlife Center. The property includes: 47 RV pads / 3 trailers (1 park owned) / 2 cabins / 2 apartments. There are 30 and 50 amp hookups, wifi throughout and an aerobic septic system.

Location

Conveniently located on Hwy 67 just West of Downtown Glen Rose, the Cedar Ridge RV Park has incredible visibility and access. Glen Rose, known as the Dinosaur Capital of Texas, is the home of Fossil Rim Wildlife Center and Dinosaur Valley which both bring in large amounts of visitors from all over the country each year.

Amenities

  • Laundromat
  • Manager Office
  • Wifi
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Park Information

Number of RV Lots: 54
Average RV Lot Rent: $385
Size: 5.0 acre(s)

Financial Information (Actual)

Gross Income $143,611
Operating Expense $57,476
Net Operating Income $86,135
Expense Ratio 40.0 %
Debt Info

Utility Information

Water: City
Sewer: Septic

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