Contact Information

RV Park/Campground Details

  • Price: $650,000
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 26.0%
  • Property ID: 1506866
  • Posted On: Aug 31, 2021
  • Updated On: Aug 31, 2021

Property Description

Income producing property. Investors vision! Currently a family run and operated campground business known as Medina River RV Park and Camping. This private 2.86 acre campground has 16 full-hookup RV sites with 5 boon-Dock sites with the option to put in more full hookup sites. This RV park has huge growth potential if purchased with the neighboring 4 acre track next door for an additional $200k. This park brings $2k-$5k per month. It’s really in its prime infancy stages, ready for an investor to continue building it while pulling in an income. Just over 4 acres still undeveloped. Other amenities include an office building, an operational well system (city water also used/connected), 7-Septic systems, a bathroom/shower privy, laundry facility (currently 2 washers and 2 dryers installed), 1 storage shed, 1 40’ shipping container, several car/RV ports, 20 picnic tables, 16 fire rings, Fiber optic internet/wifi, access to LMSOA pool and parks, over 4 access areas for your RV guests to access the Medina River and several boat launch areas. There is also a convenient store called the Copper Lantern just down the road. Approximately 12 minutes to the Cowboy Capital town of Bandera. Enjoy the stars, wild life/deer that pass thru your site, the medina river/lake and country living on this peaceful oasis away from the city. Live on site in your RV, while generating wealth! Call to set up an appointment or drive by to check it out.

Location

605 Lakeshore Ln., Bandera, TX 78003

Amenities

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

Park Information

Number of RV Lots: 21
Year Built: 2017
Average RV Lot Rent: $450
Size: 2.9 acre(s)
Development Land: This is land for developing a RV park.

Financial Information (Actual)

Gross Income $41,000
Operating Expense $16,000
Net Operating Income $25,000
Expense Ratio 39.0 %
Debt Info www.medinariverrvparkandcamping.com

Utility Information

Water: City
Sewer: Septic

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