RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 6.0%
- Listing ID: 1510208
- Posted On: Sep 6, 2021
- Updated On: Dec 19, 2021
Description
2 nice and flat acres with four homes on it. All 3 units two 3/2 mobiles and one RV. Have electric and new spot for 4th Rv or mobile.
The 2 acres are flat and the land flat so easy to add as many RV's as you want .I would do Do pads because I was going to have 2 lots ready for 2 clients each have their own Rv and just want to rent the land. Nice and quiet out in the country and each unit has a big front and back yard.
Near Boerne, Bandera. and Pipe Creek. RV's are rented by great ladies. I love RV.S the 3/2 mobiles are also nice. Income 39,000 per year. Do not disturbed tenants
Location
Right on the corner these 2 acres are surrounded by big ranches. The land is nice and sandy. The water well is deep. The location is great as it is close to Boerne, Bandera and of course Pipe Creek. email me kymbenson@live.com or call 210-325-2436
136 Spring Road Pipe Creek Texas 78063
Park Information
| Number of RV Lots: | 4 |
| Year Built: | 2020 |
| Size: | 2.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $34,900 |
| Operating Expense: | $6,629 |
| Net Operating Income: | $29,271 |
| Expense Ratio: | 19.0 % |
| Debt Info: | 160,000 |