Investment Overview

AmeriCana RV Resort is an all-age resort with 148 RV and mobile home lots, three apartments, and two park models (with one of those being occupied by the maintenance manager) on 11.03 acres in a designated opportunity zone. The resort features a master-metered electric system with submeters for a bill back program for monthly, seasonal, and annual tenants. Electricity is included in the rent for daily and weekly guests. Water, sewer, and trash are paid by the property. The resort operates on city water and septic sewer with approximately 20 tanks throughout the property. Amenities include laundry facilities, restrooms, showers, heated saline pool, on-site security, dog park, and clubhouse with a full kitchen and pool tables. Current ownership has put in over $500K of capital expenditures repairing sewer lines, water/gas mains, electrical pedestals, and clearing landscaping. Palmview, Texas is ideally situated to benefit from the Rio Grande Valley’s remarkable growth. The city itself has tripled in size over the past decade, from just over 5,000 residents in 2010 to 15,800 in 2020. This trend is expected to continue with major investments such as: • March 2024 - A global customer service conglomerate, Ubiquity, will inject $31.7 million into the local economy and create nearly 350 jobs. • April 2024 - City Of Edinburg Breaks Ground for New $5.3M Service Center. • December 2023 - Vexus to invest $35 million into a new 100 percent fiber optic network in Mission. • January 2024 - The inauguration of Mid Valley Industrial Park in Weslaco – an investment exceeding $18 million. • October 2023 - Year-to-date figures reveal that Edinburg has witnessed an astounding $333.5 million in construction activity. • February 2024 - The McAllen-Edinburg-Mission Metropolitan Statistical Area is projected to add over 34,000 jobs by 2028. AmeriCana RV Resort is conveniently located: • 5 minutes from the World Birding Center. • 6 minutes from the National Butterfly Center. • 4 minutes from Bentsen Rio Grande State Park. • The property is situated in an Opportunity Zone, offering potential tax benefits. • Just 4 minutes from Interstate 2, a major highway with over 70,000 vehicles daily.