Contact Information

RV Park/Campground Details

  • Price: $1,560,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.3%
  • Property ID: 1651285
  • Posted On: Apr 20, 2022
  • Updated On: Jun 22, 2022

Property Description

Incredible investment opportunity! Brand new tiny home-RV gated community that just opened in Athens. 13 spaces on a beautiful wooded tract, dog park, street lights and custom entrance. Three (3) income producing tiny homes convey with the property! Add more homes and greatly increase the income! 3 miles to the town square and 3 miles to Lake Athens! Call for more information 903-681-1237.

Location

Head east on E. Tyler St., left on FM 1616, across loop, property on left

Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 13
Year Built: 2022
Average RV Lot Rent: $600
Size: 3.0 acre(s)

Financial Information (Pro Forma)

Gross Income $160,740
Operating Expense $31,041
Net Operating Income $129,699
Expense Ratio 19.3 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

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