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RV Park

Grizzly Pines RV Park

16930 Whippoorwill Rd, Navasota, TX 77868

Listing Price: $5,000,000

Cap Rate
9.28%
Number of Spaces
204
Lot Size
15.09 acres
Occupancy
95.0%
Price/Space
$24,510
Spaces/Acre
13.52
Year Built
2006

Investment Overview

Introducing Grizzly Pines RV Park: a picturesque 204-space RV haven in Navasota, Texas, just an hour north of Houston. This opportunity offers a 9.28 percent day one cap rate with an estimated $463,847 net operating income. Currently, there are 77 RV spaces, 47 RV spaces under construction, 51 cabin-like
suites, 29 tent sites, and one Mobile Home site.

The park hosts year-round events, maintains a 95-100 percent weekend occupancy, and offers daily rates of $20-$30 and weekly rates of $120-$180 (no monthly rates). It specializes in niche marketing.

Financing options with a 5 percent interest rate are available, promising a 20 percent day one cash-on-cash ret urn. Explore further by arranging property tours with our Marcus & Millichap agents and accessing due diligence documents.

Discover Grizzly Pines RV Park's potential and join its thriving legacy. Visit the website for details: https://grizzlypines.com/.

Investment Highlights

  • Owner Financing
  • 15.89% Cash On Cash Return
  • Consistently High Occupancy
  • Niche RV Market

Exclusively Listed By

RV Park

Grizzly Pines RV Park

Listing Price: $5,000,000

Cap Rate
9.28%
Number of Spaces
204
Lot Size
15.09 acres
Occupancy
95.0%
Price/Space
$24,510
Spaces/Acre
13.52
Year Built
2006

Investment Highlights

  • Owner Financing
  • 15.89% Cash On Cash Return
  • Consistently High Occupancy
  • Niche RV Market

Investment Overview

Introducing Grizzly Pines RV Park: a picturesque 204-space RV haven in Navasota, Texas, just an hour north of Houston. This opportunity offers a 9.28 percent day one cap rate with an estimated $463,847 net operating income. Currently, there are 77 RV spaces, 47 RV spaces under construction, 51 cabin-like suites, 29 tent sites, and one Mobile Home site. The park hosts year-round events, maintains a 95-100 percent weekend occupancy, and offers daily rates of $20-$30 and weekly rates of $120-$180 (no monthly rates). It specializes in niche marketing. Financing options with a 5 percent interest rate are available, promising a 20 percent day one cash-on-cash ret urn. Explore further by arranging property tours with our Marcus & Millichap agents and accessing due diligence documents. Discover Grizzly Pines RV Park's potential and join its thriving legacy. Visit the website for details: https://grizzlypines.com/.

Exclusively Listed By

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