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RV Park

Sundance & Lone Star RV Portfolio

1055 I-20, Baird, TX 79504

Listing Price: $2,400,000

Cap Rate
9.63%
Number of Spaces
89
Lot Size
1.00 acres
Occupancy
80.0%
Price/Space
$26,966
Spaces/Acre
89.00
Year Built
2020

Investment Overview

Sundance RV Park and Lone Star RV Park are RV communities located in Baird, Texas. They were built in 2020 and are located 0.8 miles from each other. Both properties currently operate on city water and sewer and the ownership pays for water, sewer, and trash. The current management lives on-site at Sundance RV Park and is open to staying on board for the future ownership. Sundance RV Park is comprised of 47 RV lot rentals and gravel roads throughout. The amenities include laundry facilities, bathrooms, showers, dog run, putting green, three acre stocked fishing pond, Wi-Fi, onsite 24-hour security, and a horseshoe pit. Lone Star RV Park includes 41 RV lot rental sites and unsealed asphalt roads. There is approximately 1 undeveloped acre available for expansion which could allow for a comfortable 15 additional sites or amenities. For the expansion process, the City of Baird currently has no permitting, no building codes, and no restrictions. The asset is less than 20 miles from the Abilene Regional Airport. Both communities are located directly off the major east-west highway Interstate 20. The Interstate is over 1,500 miles long and starts in west Texas and extends to South Carolina. It connects major cities such as: Fort Worth, TX; Dallas, TX; Shreveport, LA; Jackson, MS; Birmingham, AL; Atlanta, GA; Agusta, GA; and Columbia, SC. It is a freight thoroughfare that enables the circulation of goods and services at local, state, and national levels. It is used by the military for basic travel and connections to other roads that are part of the Strategic Highway Network (STRAHNET), which connects military installations to each other and to strategically important places. TxDot reports an average annual daily traffic of over 24,000 vehicles passing the properties on I-20.

Investment Highlights

  • City Water and Sewer
  • Expansion Opportunities
  • Properties Located 0.8 Miles From Each Other
  • Management Open to Staying Onboard
  • Located 15 Miles Outside of Abilene

Exclusively Listed By

RV Park

Sundance & Lone Star RV Portfolio

Listing Price: $2,400,000

Cap Rate
9.63%
Number of Spaces
89
Lot Size
1.00 acres
Occupancy
80.0%
Price/Space
$26,966
Spaces/Acre
89.00
Year Built
2020

Investment Highlights

  • City Water and Sewer
  • Expansion Opportunities
  • Properties Located 0.8 Miles From Each Other
  • Management Open to Staying Onboard
  • Located 15 Miles Outside of Abilene

Investment Overview

Sundance RV Park and Lone Star RV Park are RV communities located in Baird, Texas. They were built in 2020 and are located 0.8 miles from each other. Both properties currently operate on city water and sewer and the ownership pays for water, sewer, and trash. The current management lives on-site at Sundance RV Park and is open to staying on board for the future ownership. Sundance RV Park is comprised of 47 RV lot rentals and gravel roads throughout. The amenities include laundry facilities, bathrooms, showers, dog run, putting green, three acre stocked fishing pond, Wi-Fi, onsite 24-hour security, and a horseshoe pit. Lone Star RV Park includes 41 RV lot rental sites and unsealed asphalt roads. There is approximately 1 undeveloped acre available for expansion which could allow for a comfortable 15 additional sites or amenities. For the expansion process, the City of Baird currently has no permitting, no building codes, and no restrictions. The asset is less than 20 miles from the Abilene Regional Airport. Both communities are located directly off the major east-west highway Interstate 20. The Interstate is over 1,500 miles long and starts in west Texas and extends to South Carolina. It connects major cities such as: Fort Worth, TX; Dallas, TX; Shreveport, LA; Jackson, MS; Birmingham, AL; Atlanta, GA; Agusta, GA; and Columbia, SC. It is a freight thoroughfare that enables the circulation of goods and services at local, state, and national levels. It is used by the military for basic travel and connections to other roads that are part of the Strategic Highway Network (STRAHNET), which connects military installations to each other and to strategically important places. TxDot reports an average annual daily traffic of over 24,000 vehicles passing the properties on I-20.

Exclusively Listed By

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