Investment Overview

Marcus & Millichap is pleased to present Kickin Back RV Park, a 33-space RV resort in Aransas Pass, Texas. This work force paradise is enjoyed by long-term tenants. The park is being offered at a 9.36 percent capitalization rate with an estimated net operating income of $149,834. The income is coming from a combination of RV rental income, self storage, propane sales and a building on site that is being rented out for $5,300 a month. The restaurant also pays for it’s own electricity and propane use. The park is being managed by one of the tenants who handles all of the day to day operations. He receives $1,000 a month as well as free lot rent. The manager does pay his own electricity. There are currently 33 RV spaces, almost all of which are occupied by fulltime tenants. The park offers city water and city sewer. Kickin Back RV Park is a short drive to the refineries, Corpus Christi, the intercoastal, the Gulf of Mexico making it perfect for long term stays and vacationers. The park is in the 100-year flood zone.