Investment Overview

Marcus & Millichap is pleased to present Peaceful Acres RV Park, a 17-unit RV park in Lufkin, Texas. Peaceful Acres RV Park is a short 10-minute drive to downtown Lufkin, 20 minutes south of the Angelina National Forest, and less than a 30-minute drive to one of the best bass fishing lakes in Texas, Sam Rayburn Reservoir. This secluded RV community contains roughly 50 percent long-term tenants. The park is being offered at a 9.49 percent capitalization rate with an estimated net operating income of $27,045. The income originates from a combination of rental income from the occupied RV spots and a 1x1 apartment. Additionally, there is a newly-renovated 2000 sq ft brick home and a 900 sq ft office on-site. The brick home is occupied by the previous owners for the past three years, and they understand that the new owner would likely be increasing rent. The park is currently being managed by the owner and has been operated as such since 2020. The park operates on city water and a 750 gallon aerobic system. All utilities are included in tenant rent. There are currently 15 RV spaces, most of which are occupied by month-to-month, long-term tenants. The park has no age restrictions for tenants.