Contact Information
Chris Hernandez
RV Park/Campground Details
- Price: $799,000
- Purchase Method: Cash, New Loan
- Cap Rate: 5.3%
- Property ID: 1989448
- Posted On: Jan 8, 2023
- Updated On: Jan 11, 2023
Property Description
Room for expansion, as it sits total gross potential rental income at 100% occupancy would generate $23k a month or $276k a year. See 360 Tour: https://view.ch360tours.com/tours/Nd3eK6B-j
Located in an Opportunity Zone. Overlooking the San Saba River. 48 units: 39 RV lots with 12 RV-POH, 4 cabins, 2 bunkhouses, and 3 storage units. City water and sewer systems with WIFI on property. Site pads have individual hookups for water, waste water and electric. 3 minutes to downtown. Close to San Saba’s only golf course. San Saba is an ideal retreat for the region. Located less than 2 hours west from Austin and Waco and only 2.5 hours north of San Antonio and Fort Worth to the north. Property is on the San Saba River and has huge upside potential.
Location
Waterfront location with the ability add spaces on city water, electric, sewer
Amenities
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 39 |
| Year Built: | 2017 |
| Average RV Lot Rent: | $486 |
| Size: | 6.0 acre(s) |
Financial Information (Actual)
| Gross Income | $121,517 |
| Operating Expense | $78,755 |
| Net Operating Income | $42,544 |
| Expense Ratio | 64.8 % |
| Debt Info |
Utility Information
| Water: | City |
| Sewer: | City |