Contact Information
Travis Turner
License: 648158

RV Park/Campground Details
- Price: $3,195,000
- Purchase Method: Cash, New Loan
- Cap Rate: 10.6%
- Property ID: 2158448
- Posted On: Mar 12, 2023
- Updated On: Mar 15, 2023
Property Description
Travis Turner, Broker & Owner of Turn Key Property Group, is pleased to present exclusively for sale Midland Basin RV Park located in the Permian Basin in Midland County, TX. This 65 +/- site RV park experiences year 'round high occupancy and is being offered for sale at a day one cap rate of 10.57 based on 2022 actual financials. Inclusive of sale and bordering the frontage of the property is a 3/2 managers' home with office & laundry facility on site. All sites are individually metered with full service 30/50 AMP hook up and septic. Seller says "Simple with a high occupancy rate". Laundry facility on-site for residents as well. park can hold SUPER C, and big class A.
Currently managed by owner. Contact listing broker directly to schedule a showing. Showings by appointment only.
Amenities
- Laundromat
- Manager Office
- Wifi
Park Information
Number of RV Lots: | 65 |
Average RV Lot Rent: | $550 |
Size: | 3.9 acre(s) |
Utility Information
Water: | Well |
Sewer: | Septic |