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RV Park

Fort Parker RV Park & Storage

2576 TX-14, Groesbeck, TX 76642

Listing Price: $1,200,000

Cap Rate
6.81%
Number of Spaces
75
Lot Size
5.52 acres
Occupancy
96.0%
Price/Space
$16,000
Spaces/Acre
13.59
Year Built
1980

Investment Overview

Fort Parker RV Park & Storage is a 75-site property located in Groesbeck, Texas. The sites are comprised of 34 RV lot rents, one single family home rental, one management building, one office building/ maintenance shop, 20 storage units in Groesbeck, and 18 storage units located in Thornton. The ownership covers the cost of all utilities and operates on city water and septic sewer. Amenities include laundry facilities, restrooms, showers, and Wi-Fi. The property also offers residents large RV pads that include room for parking and a small patio.
The park primarily caters to long-term residents with a smaller percentage of tenants passing through for vacation or staying for temporary employment purposes. Additionally, the park’s self-storage component boasts consistent performance at both the Groesbeck and Thornton locations. The Thornton self-storage is located at 904 N Tyler St, Thornton, TX 76687 which is less than 15 minutes from the main site, offering a practical additional income stream for investors.
Fort Parker RV Park is located approximately 10 miles from Lake Mexia, one of the most prominent fishing and recreational destinations in the region. Fishing enthusiasts flock to Lake Mexia for its abundance of bass, catfish and sunfish. Groesbeck is the county seat of Limestone County and located centrally in the area between Houston and the Dallas/FT. Worth Metroplex and 40 miles East of Waco. The property sits along Interstate 14 with over 800 feet of highway frontage.

Investment Highlights

  • Operates on City Water and Septic Sewer
  • Approximately 40 Minutes from Waco, Texas
  • 38 Self Storage Units Included in the Sale
  • 10 Miles from Lake Mexia, a Prominent Fishing and Recreational Destination
  • Located in an Opportunity Zone

Exclusively Listed By

RV Park

Fort Parker RV Park & Storage

Listing Price: $1,200,000

Cap Rate
6.81%
Number of Spaces
75
Lot Size
5.52 acres
Occupancy
96.0%
Price/Space
$16,000
Spaces/Acre
13.59
Year Built
1980

Investment Highlights

  • Operates on City Water and Septic Sewer
  • Approximately 40 Minutes from Waco, Texas
  • 38 Self Storage Units Included in the Sale
  • 10 Miles from Lake Mexia, a Prominent Fishing and Recreational Destination
  • Located in an Opportunity Zone

Investment Overview

Fort Parker RV Park & Storage is a 75-site property located in Groesbeck, Texas. The sites are comprised of 34 RV lot rents, one single family home rental, one management building, one office building/ maintenance shop, 20 storage units in Groesbeck, and 18 storage units located in Thornton. The ownership covers the cost of all utilities and operates on city water and septic sewer. Amenities include laundry facilities, restrooms, showers, and Wi-Fi. The property also offers residents large RV pads that include room for parking and a small patio. The park primarily caters to long-term residents with a smaller percentage of tenants passing through for vacation or staying for temporary employment purposes. Additionally, the park’s self-storage component boasts consistent performance at both the Groesbeck and Thornton locations. The Thornton self-storage is located at 904 N Tyler St, Thornton, TX 76687 which is less than 15 minutes from the main site, offering a practical additional income stream for investors. Fort Parker RV Park is located approximately 10 miles from Lake Mexia, one of the most prominent fishing and recreational destinations in the region. Fishing enthusiasts flock to Lake Mexia for its abundance of bass, catfish and sunfish. Groesbeck is the county seat of Limestone County and located centrally in the area between Houston and the Dallas/FT. Worth Metroplex and 40 miles East of Waco. The property sits along Interstate 14 with over 800 feet of highway frontage.

Exclusively Listed By

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