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RV Park

Wandering Oaks RV Park

10502 I-20, Eastland, TX 76448

Listing Price: $3,150,000

Cap Rate
9.77%
Number of Spaces
117
Lot Size
32.00 acres
Occupancy
78.0%
Price/Space
$26,923
Spaces/Acre
3.66
Year Built
1990

Investment Overview

Wandering Oaks RV Park is a 32-acre property located in Eastland, Texas. There are 117 total sites that are comprised of 62 standard RV lots, 11 premium back-in lots, 23 premium pull-thru lots, eight executive RV lots, three nightly RV lots, and 10 storage units. The property operates on city water and sewer which is paid for by the ownership. Trash is also paid for by the property, but electricity is billed back to the residents. Amenities include Wi-Fi, laundry facilities, restrooms, showers, dog park, picnic tables, pool, security, and a playground.
Wandering Oaks RV Park has approximately 1,300 feet of frontage on Interstate 20 – a major east-west highway that spans from Texas to South Carolina. Traffic counts in front of the property average over 25,000 vehicles per day. There is also a Walmart Supercenter just one mile from the property. Beyond the current offerings, there are approximately 10 acres undeveloped with a potential to add more sites or implementing additional amenities to further elevate the guest experience. Wandering Oaks RV Park has more positive Google reviews than any other RV Park in Eastland County. With a 4.8 out of 5 Google rating, they are the highest rated RV park in the county (with more than 20 reviews).
The town of Eastland, Texas is the county seat of Eastland County and located just over an hour from the Dallas Fort Worth Metroplex. There are three major lakes in the area - Lake Cisco, Eastland Lake, and Lake Leon which is most known for its largemouth bass fishing tournaments.

Investment Highlights

  • Offered at 9.77% Day One Cap Rate
  • 90%+ Occupancy
  • Operates on City Utilities with Electric Submetered
  • Approximately 1,300 Feet of Frontage on Interstate-20 – Which Sees Over 25,000 Vehicles Daily
  • Located in an Opportunity Zone
  • Amenities Include: Wi-Fi, Laundry Facilities, Restrooms and Showers, Gated Dog Park, Nature Area and Walking Trails

Exclusively Listed By

RV Park

Wandering Oaks RV Park

Listing Price: $3,150,000

Cap Rate
9.77%
Number of Spaces
117
Lot Size
32.00 acres
Occupancy
78.0%
Price/Space
$26,923
Spaces/Acre
3.66
Year Built
1990

Investment Highlights

  • Offered at 9.77% Day One Cap Rate
  • 90%+ Occupancy
  • Operates on City Utilities with Electric Submetered
  • Approximately 1,300 Feet of Frontage on Interstate-20 – Which Sees Over 25,000 Vehicles Daily
  • Located in an Opportunity Zone
  • Amenities Include: Wi-Fi, Laundry Facilities, Restrooms and Showers, Gated Dog Park, Nature Area and Walking Trails

Investment Overview

Wandering Oaks RV Park is a 32-acre property located in Eastland, Texas. There are 117 total sites that are comprised of 62 standard RV lots, 11 premium back-in lots, 23 premium pull-thru lots, eight executive RV lots, three nightly RV lots, and 10 storage units. The property operates on city water and sewer which is paid for by the ownership. Trash is also paid for by the property, but electricity is billed back to the residents. Amenities include Wi-Fi, laundry facilities, restrooms, showers, dog park, picnic tables, pool, security, and a playground. Wandering Oaks RV Park has approximately 1,300 feet of frontage on Interstate 20 – a major east-west highway that spans from Texas to South Carolina. Traffic counts in front of the property average over 25,000 vehicles per day. There is also a Walmart Supercenter just one mile from the property. Beyond the current offerings, there are approximately 10 acres undeveloped with a potential to add more sites or implementing additional amenities to further elevate the guest experience. Wandering Oaks RV Park has more positive Google reviews than any other RV Park in Eastland County. With a 4.8 out of 5 Google rating, they are the highest rated RV park in the county (with more than 20 reviews). The town of Eastland, Texas is the county seat of Eastland County and located just over an hour from the Dallas Fort Worth Metroplex. There are three major lakes in the area - Lake Cisco, Eastland Lake, and Lake Leon which is most known for its largemouth bass fishing tournaments.

Exclusively Listed By

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