Investment Overview

Geronimo Village RV Park is a 45 site RV community located in Joaquin, Texas. Conveniently located just off Highway 84, a U.S. highway that runs from Pagosa Springs, CO to Midway, GA. It includes 45 RV sites and is situated on over 8 acres. There is an opportunity to expand the park by another 30 RV sites and there are currently 6 RV sites in development that will be pull through sites which could potentially be used for bigger rigs or premium sites. The amenities include a very nice clubhouse, laundry room, showers, Wi-Fi, lounge area, and community patio. The park currently pays for all the utilities and there is a current on-site management team that would be open to staying on board for new ownership. Joaquin benefits from its proximity to the Louisiana border of Desoto Parish (0.8 miles or a 1-minute drive), providing easy access to neighboring areas. Various retailers are within walking distance, including Dollar General, grocery stores, and fast-food options like Subway and Whataburger. Fishing enthusiasts will appreciate its proximity to the Logansport bridge, a popular fishing spot for sand bass, along with the annual Logansport Sand Bass Tournament. Both North and South Toledo Bend State Parks, situated along the scenic Sabine River, are just a few minutes’ drive from the RV park. This is a great opportunity for an investor to acquire a stabilized RV park that also has expansion ability. Geronimo Village RV Park is being offered at a day one cap rate of 8.73 percent and a pro-forma cap rate of 9.82 percent.