Investment Overview

Marcus & Millichap is proud to present Camada Ranch RV Park, a 60-space park located at 4575 TX-44 in Alice, Texas. Known as the “Hub City” Alice’s position between Corpus Christi, McAllen, Laredo, and San Antonio makes it an ideal distribution center with over 100 oil field-related companies in the vicinity. Camada Ranch RV Park is being offered at a 13.67 percent capitalization rate with an estimated net operating income of $136,656. The park features 60 spaces, 30 of which were newly built and opened in January of this year. There is also a three-bedroom/two-bath double wide mobile home included on the property. Despite solely relying on word-of-mouth advertising, the park has maintained an average 75 percent occupancy since the new spaces were added this year. Monthly rates at Camada Ranch RV Park range from $450-$500. The park sits on nearly 30 acres with about 20 acres being left available for expansion. The owner is willing to finance a portion of the sale and proposed terms can be found on page 10. Camada Ranch RV operates on well water and a septic system. The monthly rate includes electric, water, sewer, and trash service. The current owner acts as the manager of the park. Please do not visit the park without prior approval. Please arrange property tours with the Marcus & Millichap listing agents.