Investment Overview

Marcus & Millichap is pleased to present Fairway RV Park, a 43-space RV park in Nacogdoches, TX. The park is conveniently located just off Interstate 69 and offers scenic golf course views, as it borders Woodland Hills Golf Club. It is also just ten minutes from downtown Nacogdoches and fifteen minutes from Lufkin. Fairway RV Park is being offered at a 9.17 percent capitalization rate with an estimated net operating income of $91,273. Park amenities include a laundromat with three park-owned washers and dryers, three full bathrooms, an office, and a dog park. The park historically maintains an occupancy rate of 80-100 percent. Current rental rates are $400 per month, $150 per week, and $36 per night, with significant potential for increases as rates have not been raised in over three years. Additionally, the park offers expansion opportunities for 10–12 additional spaces near the golf course. The land has already been leveled for these spaces, but utilities still need to be installed. The park’s water is provided by the city of Nacogdoches, and the sewer operates on two septic systems. Rental rates include electric, water, sewer, trash, and internet. A new owner could recapture electric costs, as all but four sites have individual meters, potentially cutting total expenses in half. Management is currently handled by a long-term tenant who receives free rent and income from the laundromat in exchange for rent collection, facility cleaning, lawn care coordination, reservation handling, and addressing tenant needs. Please do not visit the park without prior approval. All property tours must be arranged through Marcus & Millichap agents.