RV Park
Grizzly Pines RV Park
16930 Whippoorwill Rd, Navasota, TX 77868
Listing Price: $5,000,000
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
Listing Price: $5,000,000
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
