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RV Park

Harmon Creek Marina & Campground

14 Marina Point, Huntsville, TX 77320

Listing Price: $799,000

Cap Rate
10.00%
Number of Spaces
45
Lot Size
4.43 acres
Occupancy
1.0%
Price/Space
$17,756
Spaces/Acre
10.16
Year Built
1981

Investment Overview

This is a recently renovated investment opportunity. The Harmon Creek Marina and Campground has recently started accepting reservations, and it is expected to remain busy throughout the high-traffic season. To reflect this, all our financials that are portrayed on the website are incorrect and used as a placeholder. We encourage all parties to do their own due diligence and market research to determine the income and expenses the RV park will run at. Marcus & Millichap has been selected to exclusively market for sale this property in Huntsville, TX. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE HARMON CREEK MARINA AND CAMPGROUND.

Investment Highlights

  • $70,000 Spent in capital improvements
  • Opportunity to add 15 RV pads
  • City water and private septic
  • Electrical has been replaced for all camping and RV spots

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

RV Park

Harmon Creek Marina & Campground

Listing Price: $799,000

Cap Rate
10.00%
Number of Spaces
45
Lot Size
4.43 acres
Occupancy
1.0%
Price/Space
$17,756
Spaces/Acre
10.16
Year Built
1981

Investment Highlights

  • $70,000 Spent in capital improvements
  • Opportunity to add 15 RV pads
  • City water and private septic
  • Electrical has been replaced for all camping and RV spots

Investment Overview

This is a recently renovated investment opportunity. The Harmon Creek Marina and Campground has recently started accepting reservations, and it is expected to remain busy throughout the high-traffic season. To reflect this, all our financials that are portrayed on the website are incorrect and used as a placeholder. We encourage all parties to do their own due diligence and market research to determine the income and expenses the RV park will run at. Marcus & Millichap has been selected to exclusively market for sale this property in Huntsville, TX. This offering will allow a potential investor to purchase a rare value-add opportunity. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to:1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. Offers should be delivered to the attention of the Listing Agents. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE HARMON CREEK MARINA AND CAMPGROUND.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

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