Investment Overview

Marcus & Millichap is pleased to present Kountze RV Park, a 42-space RV park in Kountze, TX. The Park is thirty minutes north of Beaumont with interstate frontage on Highway 287. Kountze RV Park is being offered at a 10.08 percent capitalization rate with an estimated net operating income of $56,427. The park has 42 total RV lots with more than 3.5 acres of expansion land. The new owner has the opportunity to add 8 more RV spaces, 50 mini storage units, or a washateria. The Park historically operates between 90-100 percent occupancy. The Park charges a monthly rate of $275 with no option to charge tenants for daily or weekly stays. Other parks in the area charge between $375 to $400 per month. The park runs on city water with a private septic system. The electricity, water, sewer, and trash are all included in rent. The owner provides free electricity to the tenants if the RV does not have a window unit. If tenants do have a window unit, the owner charges $50 per window unit. The new owner has the opportunity to submeter the park and recapture the cost of electricity. The current owner manages the park himself. Please do not visit park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.