Contact Information

RV Park/Campground Details

  • Price: $4,600,000
  • Purchase Method: Cash
  • Cap Rate: 10.0%
  • Property ID: 1374666
  • Posted On: Jan 4, 2021
  • Updated On: Jan 21, 2021

Property Description

Lost Lake RV Park is a newly constructed 30 acre park in Conroe, Texas. Lost Lake RV Park consists of 90 full hook up sites, 5 acre pond, General Store, and laundromat. We have 1 GB fiber optic internet with WiFi access points throughout the park. Conroe was rated as the fastest growing city in America in 2018. 24 acres are currently developed with 5.7 acres for expansion with engineered design already complete. We are located just outside city limits with easy access to shopping, dining, and more. We’re less than a mile from highway 105 which is to be widened in 2021 to 4 lanes which will bring more business to the area.
Great opportunity to purchase park in fast growing Montgomery County. Reasonable offers considered.

Location

Conroe, Texas

Amenities

  • Laundromat
  • Manager Office
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 90
Year Built: 2020
Average RV Lot Rent: $450
Size: 30.0 acre(s)

Financial Information (Pro Forma)

Gross Income $546,000
Operating Expense $101,000
Net Operating Income $445,000
Expense Ratio 18.5 %
Debt Info

Utility Information

Water: City
Sewer: Septic

Similar RV Parks for Sale