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RV Park

Country Village RV Park

304 Freeny Dr, Kenedy, TX 78119

Listing Price: $1,150,000

Cap Rate
11.20%
Number of Spaces
73
Lot Size
4.04 acres
Occupancy
77.0%
Price/Space
$15,753
Spaces/Acre
18.07
Year Built
2013

Investment Overview

Country Village RV Park is a 2013 built park located in Kenedy, Texas – approximately 67 miles southeast of the San Antonio International Airport. The park is comprised of 71 lot rents, one park-owned RV and one office, for a total of 73 sites on 4.04 acres. The park operates on city water and sewer which is master metered throughout. All utilities are paid by the ownership. Park amenities include restrooms with two men’s showers and two women’s showers, laundry facilities, and free Wi-Fi. The roads and RV pads are concrete. Kenedy, Texas, offers a bevy of things to do, from attending special events, to getting involved in the arts and learning about local history; to dining at independent restaurants and staying active at local parks. Located one mile from Country Village RV Park, Joe Gully Park is a go-to spot where residents can enjoy a huge area surrounded by lush green trees with barbecue pits, a soccer field, basketball court, a dedicated walking track, and a vast playground area. The park is also located in the heart of the Eagle Ford Shale which is one of the most active shale plays in the world with over 100 rigs running. According to eaglefordshale.com, the EFS is quite possibly the largest single economic development in the history of the state of Texas and has had more than a $60 billion dollar impact on the local South Texas economy in 2012 and will continue to be developed for decades to come. According to Sperling’s BestPlaces.net, the opportunity for jobs in Kenedy continues to rise and is up 3.3 percent from 2018. Current unemployment is at 3 percent which is below the national average of 3.6 percent. Major employers in the area include Walmart, Clariant, and Amec Foster Wheeler. Country Village RV Park is being offered at a day one cap rate of 11.20 percent and a pro forma cap rate of 12.77 percent. Management would also be open to staying onboard for future ownership.

Investment Highlights

  • Offered at over an 11 Percent Day One Capitalization Rate
  • One-Hour Drive to San Antonio
  • Park Operates on City Water and Sewer
  • Concrete Roads and RV Pads Throughout
  • Amenities Include WIFI, Laundry Facilities, Restrooms and Showers

Exclusively Listed By

RV Park

Country Village RV Park

Listing Price: $1,150,000

Cap Rate
11.20%
Number of Spaces
73
Lot Size
4.04 acres
Occupancy
77.0%
Price/Space
$15,753
Spaces/Acre
18.07
Year Built
2013

Investment Highlights

  • Offered at over an 11 Percent Day One Capitalization Rate
  • One-Hour Drive to San Antonio
  • Park Operates on City Water and Sewer
  • Concrete Roads and RV Pads Throughout
  • Amenities Include WIFI, Laundry Facilities, Restrooms and Showers

Investment Overview

Country Village RV Park is a 2013 built park located in Kenedy, Texas – approximately 67 miles southeast of the San Antonio International Airport. The park is comprised of 71 lot rents, one park-owned RV and one office, for a total of 73 sites on 4.04 acres. The park operates on city water and sewer which is master metered throughout. All utilities are paid by the ownership. Park amenities include restrooms with two men’s showers and two women’s showers, laundry facilities, and free Wi-Fi. The roads and RV pads are concrete. Kenedy, Texas, offers a bevy of things to do, from attending special events, to getting involved in the arts and learning about local history; to dining at independent restaurants and staying active at local parks. Located one mile from Country Village RV Park, Joe Gully Park is a go-to spot where residents can enjoy a huge area surrounded by lush green trees with barbecue pits, a soccer field, basketball court, a dedicated walking track, and a vast playground area. The park is also located in the heart of the Eagle Ford Shale which is one of the most active shale plays in the world with over 100 rigs running. According to eaglefordshale.com, the EFS is quite possibly the largest single economic development in the history of the state of Texas and has had more than a $60 billion dollar impact on the local South Texas economy in 2012 and will continue to be developed for decades to come. According to Sperling’s BestPlaces.net, the opportunity for jobs in Kenedy continues to rise and is up 3.3 percent from 2018. Current unemployment is at 3 percent which is below the national average of 3.6 percent. Major employers in the area include Walmart, Clariant, and Amec Foster Wheeler. Country Village RV Park is being offered at a day one cap rate of 11.20 percent and a pro forma cap rate of 12.77 percent. Management would also be open to staying onboard for future ownership.

Exclusively Listed By

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