Investment Overview

Marcus & Millichap is pleased to present this portfolio comprised of seven RV parks in Kermit, TX. The Kermit RV Park Portfolio is being offered at a 12.48 percent capitalization rate with an estimated net operating income of $162,259. The parks combined have 51 total RV lots. The parks are within a two-mile radius of each other and are just an hour west of Midland, TX. The parks historically operate at 80 percent occupancy and charge a monthly rate ranging from $500-$600. All the parks are on city water and sewer. Water, sewer, electric, and trash are all included in the monthly rate. Seller financing is available and proposed terms can be found on page ten. Please do not visit parks without prior approval. Please arrange property tours with Marcus & Millichap listing agents. The current owner manages all seven parks.