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RV Park

Caravan RV Park

748 Concho St, Colorado City, TX 79512

Listing Price: $1,100,000

Cap Rate
11.02%
Number of Spaces
119
Lot Size
10.00 acres
Occupancy
93.5%
Price/Space
$9,244
Spaces/Acre
11.90
Year Built
2010

Investment Overview

Marcus & Millichap is pleased to present Caravan RV Park, a 119-space RV park located in Colorado City, TX. Built in 2010 and situated within the city limits, the park is considered the premier choice for workers in the area.
Caravan RV Park is being offered at an 11.02 percent capitalization rate, with an estimated net operating income of $121,243. Amenities include a gym, three full bathrooms, six washers, six dryers, BBQ pits, and picnic tables.
Rental rates are $475 per month, $220 per week, and $40 per day. All rates include water, sewer, and electric. The park operates on city water and sewer and is currently managed by a tenant who lives on site in exchange for free lot rent.
Please do not visit the property without prior approval. All tours must be scheduled through Marcus & Millichap agents.

Investment Highlights

  • Offered At Just $9,244 Per Space
  • City Water and Sewer
  • Management in Place
  • 90%+ Occupancy

Exclusively Listed By

RV Park

Caravan RV Park

Listing Price: $1,100,000

Cap Rate
11.02%
Number of Spaces
119
Lot Size
10.00 acres
Occupancy
93.5%
Price/Space
$9,244
Spaces/Acre
11.90
Year Built
2010

Investment Highlights

  • Offered At Just $9,244 Per Space
  • City Water and Sewer
  • Management in Place
  • 90%+ Occupancy

Investment Overview

Marcus & Millichap is pleased to present Caravan RV Park, a 119-space RV park located in Colorado City, TX. Built in 2010 and situated within the city limits, the park is considered the premier choice for workers in the area. Caravan RV Park is being offered at an 11.02 percent capitalization rate, with an estimated net operating income of $121,243. Amenities include a gym, three full bathrooms, six washers, six dryers, BBQ pits, and picnic tables. Rental rates are $475 per month, $220 per week, and $40 per day. All rates include water, sewer, and electric. The park operates on city water and sewer and is currently managed by a tenant who lives on site in exchange for free lot rent. Please do not visit the property without prior approval. All tours must be scheduled through Marcus & Millichap agents.

Exclusively Listed By

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