RV Park
Red Raider RV Park
7322 County Rd 6100, Shallowater, TX 79363
Listing Price: $2,000,000
Investment Overview
Marcus & Millichap is pleased to present Red Raider RV Park, a 84-space RV park in Shallowater City, TX. The park is located off U.S. 84 and less than 10 miles from Texas Tech University.
Red Raider RV Park is being offered at an 7.74 percent capitalization rate with an estimated net operating income of $154,823. Seller financing is available, please see the terms on page four. The Park has 84 total RV lots, 15 pull-through spaces, large bathrooms, walk-in showers, laundry room (two washers & two dryers), internet & Wifi, and a playground. The Park historically operates at 65 percent occupancy. The park charges a monthly rate of $330 plus electric, a weekly rate of $200, and a daily rate of $40/$50.
The park runs on a well and septic system. The water, sewer, trash, and internet/Wi-Fi are all included in rent. Electricity is submetered and the current owner recaptures the cost. Management is currently being compensated $42,000 a year. Please do not visit park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.
Investment Highlights
- Seller Financing Available
- Less Than 10 Miles From Texas Tech University
- Well & Septic
- Electricity Reimbursement
Exclusively Listed By
Financing By
Listing Price: $2,000,000
Investment Highlights
- Seller Financing Available
- Less Than 10 Miles From Texas Tech University
- Well & Septic
- Electricity Reimbursement
Investment Overview
Marcus & Millichap is pleased to present Red Raider RV Park, a 84-space RV park in Shallowater City, TX. The park is located off U.S. 84 and less than 10 miles from Texas Tech University. Red Raider RV Park is being offered at an 7.74 percent capitalization rate with an estimated net operating income of $154,823. Seller financing is available, please see the terms on page four. The Park has 84 total RV lots, 15 pull-through spaces, large bathrooms, walk-in showers, laundry room (two washers & two dryers), internet & Wifi, and a playground. The Park historically operates at 65 percent occupancy. The park charges a monthly rate of $330 plus electric, a weekly rate of $200, and a daily rate of $40/$50. The park runs on a well and septic system. The water, sewer, trash, and internet/Wi-Fi are all included in rent. Electricity is submetered and the current owner recaptures the cost. Management is currently being compensated $42,000 a year. Please do not visit park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.
Exclusively Listed By
Financing By

