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IRE Investment

IRE Investment

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Price: $499,000
Cap Rate: 11.4%
Listing ID: 6965813
Posted On: Aug 18, 2025
Updated On: Aug 18, 2025

Description

- RV Spots:
30-amp @ $400/month
50-amp @ $450/month

- 7 Park-Owned RVs Included in Sale:
2 rents @ $700/month
5 rents @ $750/month

- All utilities included in rents
On-Site Laundry Facility – Tenants pay $35/month
High Occupancy with Long-term tenants

- Expansion Opportunities
Vacant land for future development
Add RV spaces, mobile homes, cabins, storage units, or 18-wheeler parking
Advertise the Restaurant and RV spaces

- Established Restaurant On-Site:
Currently Owner Operated
Manager and Employees willing to stay on with new owners
Open only Wed–Sun
Strong local following & reputation for great food
Previously leased at $1,800/month
Growth potential: expand hours, catering, events, or delivery

Location

- Living in Megargel, TX is a unique experience. The town is small but full of charm and character; it has a rural atmosphere with lots of friendly people and beautiful scenery. There are plenty of outdoor activities to enjoy, such as fishing, hiking, biking, and more. The community is close-knit and supportive; locals often come together to host various events throughout the year. Despite its size, Megargel has several shops and restaurants that offer delicious local cuisine. All in all, living in Megargel is an enjoyable experience for those who appreciate the slower pace of life that comes from living in a small town. Medium-size metro area set in the plains and rolling hills of Texas. Primary industries include military and manufacturing.
- Located in northern Texas, 115 miles northwest of Dallas and 120 miles south of Oklahoma City, Oklahoma.

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