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Mobile Home Park

Rolling By The Dozen RV Park

40 Co Rd 267, Somerville, TX 77879

Listing Price: $2,000,000

Cap Rate
8.86%
Number of Spaces
51
Lot Size
7.40 acres
Occupancy
80.0%
Price/Space
$39,216
Spaces/Acre
6.89
Year Built
2016

Investment Overview

Marcus & Millichap is pleased to present Rolling by the Dozen RV Park, a 51 space RV Park located in Snook, Texas. The property is conveniently situated just off FM 60, only 12 miles from Texas A&M University, and only a 30 minute drive from Brenham, Texas.
Rolling by the Dozen RV Park is being offered at an 8.86 percent capitalization rate with an estimated net operating income of $177,128. The park features 51 RV spaces, including 12 covered sites, along with a laundry facility with four washers and four dryers, shower and restroom facilities, a recreation room, a playground, a dog park, and a fishing pond. Additionally, there is an apartment on-site that is currently rented for $1,250 a month. The property historically maintains an average annual occupancy of 80 percent. Current rental rates are $475 per month for standard sites and $625 a month for covered sites. Other parks in the area charge between $505-$625 plus electric for standard sites.
The park is connected to city water and sewer services. Electricity is submetered and billed back to tenants with 100 percent recapture. Water, Sewer, and trash services are included in the monthly rate. On site daily operations are handled by park host in exchange for free rent of a regular site. Please do not visit the property without prior approval. All tours must be arranged through Marcus & Millichap listing agents.

Investment Highlights

  • College Station MSA
  • City Water and Sewer
  • Below Market Rents
  • Electric Recapture

Exclusively Listed By

Mobile Home Park

Rolling By The Dozen RV Park

Listing Price: $2,000,000

Cap Rate
8.86%
Number of Spaces
51
Lot Size
7.40 acres
Occupancy
80.0%
Price/Space
$39,216
Spaces/Acre
6.89
Year Built
2016

Investment Highlights

  • College Station MSA
  • City Water and Sewer
  • Below Market Rents
  • Electric Recapture

Investment Overview

Marcus & Millichap is pleased to present Rolling by the Dozen RV Park, a 51 space RV Park located in Snook, Texas. The property is conveniently situated just off FM 60, only 12 miles from Texas A&M University, and only a 30 minute drive from Brenham, Texas. Rolling by the Dozen RV Park is being offered at an 8.86 percent capitalization rate with an estimated net operating income of $177,128. The park features 51 RV spaces, including 12 covered sites, along with a laundry facility with four washers and four dryers, shower and restroom facilities, a recreation room, a playground, a dog park, and a fishing pond. Additionally, there is an apartment on-site that is currently rented for $1,250 a month. The property historically maintains an average annual occupancy of 80 percent. Current rental rates are $475 per month for standard sites and $625 a month for covered sites. Other parks in the area charge between $505-$625 plus electric for standard sites. The park is connected to city water and sewer services. Electricity is submetered and billed back to tenants with 100 percent recapture. Water, Sewer, and trash services are included in the monthly rate. On site daily operations are handled by park host in exchange for free rent of a regular site. Please do not visit the property without prior approval. All tours must be arranged through Marcus & Millichap listing agents.

Exclusively Listed By

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