Contact Information
Hazel Sellman
Texas Realty One
RV Park/Campground Details
- Price: $4,400,000
- Cap Rate: 6.8% (Actual)
- Listing ID: 6879980
- Posted On: Apr 29, 2025
- Updated On: Apr 30, 2025
Description
An exceptional investment opportunity located off Highway 180 between Weatherford and Mineral Wells catering to the working professional, growing families and horse enthusiast. This well-maintained park features 91 RV sites, including 51 covered sites and 41 uncovered sites, 10 storage sites, 2 one bed cabins, 2 two bed cabins, 4 - 12x12 horse stalls with turnouts and 2 pastures for pasture boarding. Rental rates are $425/month for uncovered and $525/month for covered sites, with each site equipped with its own individual electric meter in order to bill guests back 100% of electric usage. Cabins rent for $1200-1400 per month plus electric and horse accomodations are $250 per month per paddock/pasture. All roads and rv pads are chip sealed, ensuring easy access and low maintenance. Community Amenities include a sparkling swimming pool, horse accommodations, fully furnished clubhouse with pool table and arcades, income producing laundry room with hot showers, playground and dog park. Water is supplied by co-op. Known for its cleanliness and peaceful country setting, this park offers strong cash flow and long-term growth potential.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 95 |
| Year Built: | 2023 |
| Average RV Lot Rent: | $500 |
| Size: | 20.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $560,400 |
| Operating Expense: | $259,938 |
| Net Operating Income: | $300,462 |
| Expense Ratio: | 46.4 % |
Utility Information
| Water: | City |
| Sewer: | Septic |