Current Properties Generating Returns for Clients
KINGSVILLE, TX – 94 SPACES, Country Estate RV Park
$1,400,000 (Seller Financing)
• 94 spaces 47 mobile and the rest RV
• 30 and 50 amp hookups
• Many pull through spaces
• Remodeled pool with water fall in 08
• One of three parks in town
• Very well placed bill board adds
• Office with club house and showers
• Laundry room
• Country setting on just under 10 acres
• Lots of upside
• Very good onsite management in place
This park is making money the way it is but there’s a lot that could be done to raise the income as well.
NOI of $87, 000 makes this a 10 CAP. I own this park so I can just about tell you anything you’d like to know about it.