11.00% Cap Rate on trailing 12-month numbers.

Kenedy Village RV Park is the premier RV park facility serving Karnes County and the Eagle Ford Shale oil and gas industry in Central Texas. The property includes 73 full hook-up pad sites boasting a 76 % occupancy in 2024. The NOI for 2024 was $204,074. Email broker for access to the full Due Diligence folder.

The park sits on 4.04 acres and operates on city water and city sewer. The majority of the sites are sub-metered (70 sites); however, all utilities are paid for by ownership. Over 90% of guests are long-term, paying the monthly rate. Kenedy Village RV Park is the only park in the area with full bathroom facilities. All roads and RV pads are concrete. Park amenities include restrooms with two men’s showers and two women’s showers, laundry facilities, and free Wi-Fi. The current Park Manager oversees all repair, maintenance, and revenue collection. The Manager is willing to stay onboard for future ownership.

Value Add Opportunities include adding storage units, adding park-owned laundry machines, and increasing occupancy.