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
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 |