Contact Information
RV Park/Campground Details
- Price: $2,755,000
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0% (Actual)
- Listing ID: 6872790
- Posted On: Apr 18, 2025
- Updated On: Apr 18, 2025
Description
JTACR Real Estate Group is pleased to present a PORTFOLIO of two gated communities (separate listing for the 2nd site - Lavon Luxury RV & Tiny Home Village).
RV Villas on Lake Lavon is a family owned and operated community situated directly on Lake Lavon and in the major metro that is Dallas-Fort Worth. Of the 54 combined sites, RV Villas has 36 sites.
The community serves a long-term customer base and is serviced by public water and an on-site sewer facility. The business has proven stability for 5 + years, show casing the higher occupancy that comes with the individually fenced lot design.
Ownership has spent the last seven years building a loyal customer base with strong reviews and low turn over. The community is outside of city limits but in extremely close proximity to all major employers, sources of entertainment, and major highways, while also rural enough to be a quiet and safe community to live in. These factors contribute to the strong occupancy.
This opportunity presents investors with a turn-key business, with immediate cash flow, a proven business concept, and strong real estate value to the infrastructure and land.
**These communities are available to be purchased as a portfolio or individually**
Amenities
- Storage
- Wifi
Park Information
Number of RV Lots: | 54 |
Year Built: | 2018 |
Average RV Lot Rent: | $700 |
Size: | 3.4 acre(s) |
Financial Information (Actual)
Gross Income: | $290,333 |
Operating Expense: | $95,077 |
Net Operating Income: | $195,256 |
Expense Ratio: | 32.7 % |
Debt Info: | Existing |
Utility Information
Water: | City |
Sewer: | Septic |