Investment Overview

Marcus & Millichap is pleased to present Red Cloud RV Park, a 70-space RV park located in Silsbee, Texas. The property features 67 concrete RV pads, three cabins, a clubhouse, a pool, and an on-site office with living quarters for the property manager. The park is located less than one mile from Walmart and approximately 20 minutes from Beaumont. Red Cloud RV Park is offered at an 8.29 percent capitalization rate, with an estimated day-one net operating income of $165,817. Seller financing is available with a minimum 30 percent down payment, six percent interest-only payments, and a five-year balloon. Current rental rates range from $450 to $525 per month, $175 to $225 weekly, and $50 to $60 nightly, all inclusive of utilities. The property has historically maintained approximately 90 percent annual occupancy, with the majority of tenants staying long term. The park operates on city water and sewer. It is currently managed by the owners, who reside adjacent to the property, along with an on-site manager who lives in the front office. The current manager is open to remaining in place post-sale, though compensation would need to be adjusted to reflect an expanded role. Please do not visit the property without prior approval. All tours must be scheduled through a Marcus & Millichap agent.