Contact Information

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

Park Information

Number of RV Lots: 65
Average RV Lot Rent: $550
Size: 3.9 acre(s)

Utility Information

Water: Well
Sewer: Septic

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