Contact Information

RV Park/Campground Details

  • Price: $1,000,000
  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Cap Rate: 7.9%
  • Listing ID: 3687189
  • Posted On: Sep 15, 2023
  • Updated On: Sep 18, 2023

Description

In between College Station and Waco, on Highway 6, sits a 10-acre RV Park with more than a quarter mile of highway frontage, 40 pads, and room to expand. This park was established in January 2007 with 40 full hookup slots and 1 large worker camper slot. Also on-site is a metal building with a spacious lounge, office, laundry facility, and three large bathrooms.

Currently occupied with predominately construction workers from the railroad and surrounding power plants being built.

Overnight Rates - 25
Weekly Rates - 120
Monthly Rates - 360

Utilities Included with current rates

The majority of guests are long-term rentals who work nearby. The overnight stays are also consistent with the highly visible park from the highway.

TWO WAYS TO BUY

PARTNERSHIP

Purchase Price: $900,000

EMD: $30,000

Down Payment: $250,000

65% ownership

8% preferred returns

Investorade is the general partner; we'll handle property management, property maintenance, daily operations, and marketing. Financial analysis available & already pre-approved by a lender. Ask for more info!

FULL OWNERSHIP

Purchase Price: $1,000,000EMD:

$50,000

Already pre-approved by a lender. Ask for more info.

Location

Off Route 6 In Between Waco and College Station, TX

Amenities

  • Laundromat
  • Manager Office
  • Bathhouse
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 40
Year Built: 2007
Average RV Lot Rent: $360
Size: 10.0 acre(s)

Financial Information (Pro Forma)

Net Operating Income $70,768
Debt Info See Attachments

Utility Information

Water: Well
Sewer: Septic

Download Documents

Other Listings by Alex Gough

Similar RV Parks for Sale