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RV Park

Mesquite Haven RV Park

14145 US-181, Sinton, TX 78387

Listing Price: $5,250,000

Cap Rate
8.99%
Number of Spaces
107
Lot Size
27.73 acres
Occupancy
28.0%
Price/Space
$49,065
Spaces/Acre
3.86
Year Built
2018

Investment Overview

Marcus & Millichap is pleased to present Mesquite Haven RV Park, a 107 space RV park in Sinton, Texas. This work oriented atmosphere park is enjoyed by predominantly workforce housing for the men and women working at the newly built $1.9 billion Steel Dynamics and other plants in the Portland, Ingleside area. The park is being offered at an 8.99 percent capitalization rate with an estimated net operating income of $471,850. There are currently 107 RV spaces. The park has city water and six aerobic septic tanks. Each tank is engineered to hold 22 RV’s. The park leases the eight washers and eight dryers with the owner taking 30 percent of the income. The property has wifi setup throughout the entire park and residents can call the company, pay for service and get the password. The park does not have an expense when it comes to wifi. The due diligence documents can be viewed here. The park is in flood zone AE which is the 100 year flood zone. The owner is in the process of building a recreation hall for the tenants. The park is a total of 27.73 acres and the owner plans on dividing the park into two parcels. One parcel for her to stay on outside of the park and another parcel to house the park. Owner is willing to grant easement to the park.

Investment Highlights

  • City Water and Septic Sewer
  • Steel Plant Workers
  • Clubhouse, Restroom, Showers, Laundry
  • Recently Upgraded Infrastructure

Exclusively Listed By

Financing By

RV Park

Mesquite Haven RV Park

Listing Price: $5,250,000

Cap Rate
8.99%
Number of Spaces
107
Lot Size
27.73 acres
Occupancy
28.0%
Price/Space
$49,065
Spaces/Acre
3.86
Year Built
2018

Investment Highlights

  • City Water and Septic Sewer
  • Steel Plant Workers
  • Clubhouse, Restroom, Showers, Laundry
  • Recently Upgraded Infrastructure

Investment Overview

Marcus & Millichap is pleased to present Mesquite Haven RV Park, a 107 space RV park in Sinton, Texas. This work oriented atmosphere park is enjoyed by predominantly workforce housing for the men and women working at the newly built $1.9 billion Steel Dynamics and other plants in the Portland, Ingleside area. The park is being offered at an 8.99 percent capitalization rate with an estimated net operating income of $471,850. There are currently 107 RV spaces. The park has city water and six aerobic septic tanks. Each tank is engineered to hold 22 RV’s. The park leases the eight washers and eight dryers with the owner taking 30 percent of the income. The property has wifi setup throughout the entire park and residents can call the company, pay for service and get the password. The park does not have an expense when it comes to wifi. The due diligence documents can be viewed here. The park is in flood zone AE which is the 100 year flood zone. The owner is in the process of building a recreation hall for the tenants. The park is a total of 27.73 acres and the owner plans on dividing the park into two parcels. One parcel for her to stay on outside of the park and another parcel to house the park. Owner is willing to grant easement to the park.

Exclusively Listed By

Financing By

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