RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.9% (Actual)
- Listing ID: 1651285
- Posted On: Apr 20, 2022
- Updated On: Apr 3, 2023
Description
MONEY MAKER! Priced to sell, this is a solid investment. Tiny home and long-term RV gated community in Athens, TX. 13 spaces on a beautiful wooded tract( with room to add more), dog park, lighted street, custom gated entry, deep water well, and private sewer system with room for expansion. Three (3) income-producing park homes convey with the property! The park is at 100% occupancy with a waiting list. Add more homes or RV pads and increase the income. The income potential is amazing. 3 miles to the town square and 3 miles to Lake Athens! Call for more information 903-681-1237. No Seller financing.
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: | $830 |
| Size: | 3.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $129,600 |
| Operating Expense: | $13,752 |
| Net Operating Income: | $115,848 |
| Expense Ratio: | 10.6 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
