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RV Park

Copper Ridge RV Park

7305 Old Hearne Rd, Hearne, TX 77859

Listing Price: $1,400,000

Cap Rate
8.90%
Number of Spaces
49
Lot Size
6.30 acres
Occupancy
81.0%
Price/Space
$28,571
Spaces/Acre
7.78
Year Built
2021

Investment Overview

Marcus & Millichap is pleased to present Copper Ridge RV Park, a 49-space RV park located in Hearne, TX, just 15 minutes north of Bryan/ College Station along Highway 6. Park amenities include high-speed internet and a clubhouse with three washers and dryers and three bathrooms with showers.

The park is offered at an 8.90% capitalization rate with an estimated net operating income of $124,574. Current monthly rates are $425, with electric billed back to tenants, alongside weekly rates of $225 and daily rates of $40. The park historically operates at approximately 80% occupancy.

The total property spans 9.6 acres and includes a 7,640-square foot warehouse that can be purchased together with the RV park for an additional $1,050,000 to the $1,400,000 RV park offering. If sold independently, the RV park will be parceled out on its 6.3-acre tract.

A value-add opportunity exists through the addition of up to 11 spaces on adjacent vacant land, supported by the existing septic infrastructure. The park operates on city water and two 2,000-gallon septic systems and is currently managed by an on-site tenant who maintains the grounds in exchange for a complimentary space and $1,500 per month. The manager is willing to remain post-sale.

Please do not visit the property without prior approval. All tours must be scheduled through a Marcus & Millichap agent.

Investment Highlights

  • All concrete roads and pads
  • Offered for less than $30,000 a space
  • 15 minutes north of Bryan/College Station
  • City water and septic

Exclusively Listed By

Financing By

RV Park

Copper Ridge RV Park

Listing Price: $1,400,000

Cap Rate
8.90%
Number of Spaces
49
Lot Size
6.30 acres
Occupancy
81.0%
Price/Space
$28,571
Spaces/Acre
7.78
Year Built
2021

Investment Highlights

  • All concrete roads and pads
  • Offered for less than $30,000 a space
  • 15 minutes north of Bryan/College Station
  • City water and septic

Investment Overview

Marcus & Millichap is pleased to present Copper Ridge RV Park, a 49-space RV park located in Hearne, TX, just 15 minutes north of Bryan/ College Station along Highway 6. Park amenities include high-speed internet and a clubhouse with three washers and dryers and three bathrooms with showers. The park is offered at an 8.90% capitalization rate with an estimated net operating income of $124,574. Current monthly rates are $425, with electric billed back to tenants, alongside weekly rates of $225 and daily rates of $40. The park historically operates at approximately 80% occupancy. The total property spans 9.6 acres and includes a 7,640-square foot warehouse that can be purchased together with the RV park for an additional $1,050,000 to the $1,400,000 RV park offering. If sold independently, the RV park will be parceled out on its 6.3-acre tract. A value-add opportunity exists through the addition of up to 11 spaces on adjacent vacant land, supported by the existing septic infrastructure. The park operates on city water and two 2,000-gallon septic systems and is currently managed by an on-site tenant who maintains the grounds in exchange for a complimentary space and $1,500 per month. The manager is willing to remain post-sale. Please do not visit the property without prior approval. All tours must be scheduled through a Marcus & Millichap agent.

Exclusively Listed By

Financing By

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