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RV Park

Geronimo Village RV Park

12771 US-84, Joaquin, TX 75954

Listing Price: $950,000

Cap Rate
8.73%
Number of Spaces
45
Lot Size
8.66 acres
Occupancy
62.0%
Price/Space
$21,111
Spaces/Acre
5.20
Year Built
2011

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.

Investment Highlights

  • 8.73% Day One Cap Rate
  • Opportunity for Expansion
  • Operates on City Water and Sewer
  • Located off US Highway 84 Which Spans from Colorado to Georgia

Exclusively Listed By

RV Park

Geronimo Village RV Park

Listing Price: $950,000

Cap Rate
8.73%
Number of Spaces
45
Lot Size
8.66 acres
Occupancy
62.0%
Price/Space
$21,111
Spaces/Acre
5.20
Year Built
2011

Investment Highlights

  • 8.73% Day One Cap Rate
  • Opportunity for Expansion
  • Operates on City Water and Sewer
  • Located off US Highway 84 Which Spans from Colorado to Georgia

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.

Exclusively Listed By

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