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RV Park

On the Bayou RV Park

25710 FM 2004, Angleton, TX 77515

Listing Price: $2,000,000

Cap Rate
9.30%
Number of Spaces
76
Lot Size
20.00 acres
Occupancy
55.0%
Price/Space
$26,316
Spaces/Acre
3.80
Year Built
2009

Investment Overview

Marcus & Millichap is pleased to present On the Bayou RV Park a 76-space RV resort in Angleton, Texas. This quiet and adult atmosphere park is directly on Austin Bayou, that give access to Chocolate Bayou, and the Gulf of Mexico. The park is being offered at a 9.30 percent capitalization rate with an estimated net operating income of $186,079. There are currently 76 RV spaces, all back-ins, 20 of which are occupied by full-time tenants. The major employers in the park are DOW Chemical, Freeport LNG, INEOS, BASF, Shintech, Olin, and SI Group. The park has well water and a septic spray field system with a 4,000 gallon tank The park owns five washers and five dryers. The due diligence documents can be viewed here. The park is on the AE flood plain, but the office is built up on stilts. The park has an on-site manager that is compensated $1,050 a month plus lot rent, and a maintenance employee that is compensated $1,920 a month plus lot rent. There is one spot that is halfway into a pipeline easement. If they decide to install the pipeline, buyer would have to move the one spot. The park’s website can be viewed here.

Investment Highlights

  • Private Well and Septic Spray Field
  • Built in 2009 By Current Owner
  • Located Right on Austin Bayou, Giving Easy Access to the Gulf on Mexico
  • Office, Restrooms, & Laundry Room
  • 55 Miles South of Houston and 11 Miles East Downtown Angleton

Exclusively Listed By

Financing By

RV Park

On the Bayou RV Park

Listing Price: $2,000,000

Cap Rate
9.30%
Number of Spaces
76
Lot Size
20.00 acres
Occupancy
55.0%
Price/Space
$26,316
Spaces/Acre
3.80
Year Built
2009

Investment Highlights

  • Private Well and Septic Spray Field
  • Built in 2009 By Current Owner
  • Located Right on Austin Bayou, Giving Easy Access to the Gulf on Mexico
  • Office, Restrooms, & Laundry Room
  • 55 Miles South of Houston and 11 Miles East Downtown Angleton

Investment Overview

Marcus & Millichap is pleased to present On the Bayou RV Park a 76-space RV resort in Angleton, Texas. This quiet and adult atmosphere park is directly on Austin Bayou, that give access to Chocolate Bayou, and the Gulf of Mexico. The park is being offered at a 9.30 percent capitalization rate with an estimated net operating income of $186,079. There are currently 76 RV spaces, all back-ins, 20 of which are occupied by full-time tenants. The major employers in the park are DOW Chemical, Freeport LNG, INEOS, BASF, Shintech, Olin, and SI Group. The park has well water and a septic spray field system with a 4,000 gallon tank The park owns five washers and five dryers. The due diligence documents can be viewed here. The park is on the AE flood plain, but the office is built up on stilts. The park has an on-site manager that is compensated $1,050 a month plus lot rent, and a maintenance employee that is compensated $1,920 a month plus lot rent. There is one spot that is halfway into a pipeline easement. If they decide to install the pipeline, buyer would have to move the one spot. The park’s website can be viewed here.

Exclusively Listed By

Financing By

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