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RV Park

Rockport RV Resort

606 W Market St, Rockport, TX 78382

Listing Price: $1,900,000

Cap Rate
7.06%
Number of Spaces
47
Lot Size
3.64 acres
Occupancy
91.0%
Price/Space
$40,426
Spaces/Acre
12.91
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to present Rockport RV Resort a 47-space RV park in Rockport, Texas. This quiet and adult atmosphere park is enjoyed by a mix of winter Texans, workforce housing, and vacationers. The park is being offered at a 7.06 percent capitalization rate with an estimated net operating income of $134,141. There are currently 45 RV spaces, five of which are pull-throughs, one mobile home, and one stick built cabin rented through AirBnb. The park has city water and half the park has been converted from septic to city sewer. The park has a vehicle storage area that can accommodate eight vehicles. The park owns four washers and four dryers. The due diligence documents can be sent after execution of an NDA. The park is not in any flood zone. The double-wide mobile home and the yellow duplex will be removed from the park at closing. There is an on-site manager and two maintenance employees. The owner is also on-site.

Investment Highlights

  • City Water and Half City Sewer, Half Septic
  • Office, Clubhouse, Restroom/Showers, Pool, Laundry, & Games
  • Recently Upgraded Infrastructure

Exclusively Listed By

Financing By

RV Park

Rockport RV Resort

Listing Price: $1,900,000

Cap Rate
7.06%
Number of Spaces
47
Lot Size
3.64 acres
Occupancy
91.0%
Price/Space
$40,426
Spaces/Acre
12.91
Year Built
1980

Investment Highlights

  • City Water and Half City Sewer, Half Septic
  • Office, Clubhouse, Restroom/Showers, Pool, Laundry, & Games
  • Recently Upgraded Infrastructure

Investment Overview

Marcus & Millichap is pleased to present Rockport RV Resort a 47-space RV park in Rockport, Texas. This quiet and adult atmosphere park is enjoyed by a mix of winter Texans, workforce housing, and vacationers. The park is being offered at a 7.06 percent capitalization rate with an estimated net operating income of $134,141. There are currently 45 RV spaces, five of which are pull-throughs, one mobile home, and one stick built cabin rented through AirBnb. The park has city water and half the park has been converted from septic to city sewer. The park has a vehicle storage area that can accommodate eight vehicles. The park owns four washers and four dryers. The due diligence documents can be sent after execution of an NDA. The park is not in any flood zone. The double-wide mobile home and the yellow duplex will be removed from the park at closing. There is an on-site manager and two maintenance employees. The owner is also on-site.

Exclusively Listed By

Financing By

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