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Address is 2300 E. Bus 83 Weslaco, TX 78596

Gene Trafton

Trafton Advisory Group

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Mobile Home and RV Park in Rio Grande Valley

RV Park/Campground for Sale in Weslaco, Texas

2300 E. Bus 83
Weslaco, TX 78596

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RV Park/Campground for Sale

Year Built: 1974
Number of RV Lots: 389
Size: 28.3 acre(s)
Cap Rate: 7.0%
Purchase Method: Cash, New Loan
Status: Off Market
Property ID: 891660
Posted on: Jan 04, 2018
Updated on: Jul 17, 2018

Property Description

This is a clean, well-maintained RV and mobile home park containing 112 mobile spaces, 88 RV spaces, and 189 park model spaces, with multiple rental units conveying with the sale. There is an extremely nice rec hall with kitchen and stage, a hobby building, a billiards hall, nice laundry facilities, 24 shuffleboard courts, showers and restrooms, outdoor pool and hot tub, free Wi-Fi, paved streets. There are planned activities to keep both winter and full-time residents engaged and happy. Optional cable hook-ups. Rental units available. For more information, financials, please contact Gene Trafton at 210-422-2364 or Trafton.Gene@gmail.com. Park website is www.MagicValleyPark.com.

Park Information

Year Built:1974
Size:28.3 acre(s)

Financial Information (Actual)

Gross Income$1,047,834
Operating Expense$479,000
Net Operating Income$568,000
Expense Ratio 45.7%
Debt Info

RV Space Information

Number of RV Lots:389

Utility Information

Water:City
Sewer:City

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Manager Office: Yes
Bathhouse: Yes
Wifi: Yes