RV Park

Home Sweet Home RV Park

6451 W 7th St, Texarkana, TX 75501

Listing Price: $1,100,000

Cap Rate
8.44%
Number of Spaces
49
Lot Size
3.79 acres
Occupancy
73.0%
Price/Space
$22,449
Spaces/Acre
12.93
Year Built
2010

Investment Overview

Home Sweet Home RV Park is a 49 site RV park located in Texarkana, Texas just outside of the border of Texas and Arkansas. The park’s amenities include spacious lots, WiFi, laundry, and restrooms located at the front of the park. The park operates on city water and sewer, and the park also currently pays all utility costs. The city of Texarkana offers many local attractions including the Perot Theatre, Holiday Springs Water Park, Discovery Place Children’s Museum, and access to Wright Patman Lake for fishing, boating and water sports. The future job growth in Texarkana is also predicted to be over 27% within the next ten years, according to bestplaces.net. The major employers in the area include Red River Army Depot, Alcoa Aluminum Rolling Mill, CHRISTUS St. Michael Health System, Cooper Tire and Rubber, and Texarkana Texas Independent School District. These major employers employ thousands of residents each year and with the Texas A&M University Texarkana campus just 15 minutes away from the park, this creates a need for both long term and short-term housing for residents. The asset is less than 10 minutes away from the major highways of I-369 and I-30. The park is also less than 20 minutes away from the Texarkana Regional Airport. The park’s location also offers great access to many other destinations as it is located just outside the main loop of Texarkana and has access to I-30 leading into Dallas, I-49 leading into the Gulf of Mexico, and Route 59 leading straight into Houston. Home Sweet Home RV Park is being offered at a day one capitalization rate of 8.44 percent and a pro forma capitalization of 9.99 percent.

Investment Highlights

  • Offered at Day One Cap Rate of 8.44%
  • Operates on City Water and Sewer
  • Located Approximately 6 Miles from I-30, a Major East West Highway
  • Below Market Monthly Rents

Exclusively Listed By

Listing Price: $1,100,000

Cap Rate
8.44%
Number of Spaces
49
Lot Size
3.79 acres
Occupancy
73.0%
Price/Space
$22,449
Spaces/Acre
12.93
Year Built
2010

Investment Highlights

  • Offered at Day One Cap Rate of 8.44%
  • Operates on City Water and Sewer
  • Located Approximately 6 Miles from I-30, a Major East West Highway
  • Below Market Monthly Rents

Investment Overview

Home Sweet Home RV Park is a 49 site RV park located in Texarkana, Texas just outside of the border of Texas and Arkansas. The park’s amenities include spacious lots, WiFi, laundry, and restrooms located at the front of the park. The park operates on city water and sewer, and the park also currently pays all utility costs. The city of Texarkana offers many local attractions including the Perot Theatre, Holiday Springs Water Park, Discovery Place Children’s Museum, and access to Wright Patman Lake for fishing, boating and water sports. The future job growth in Texarkana is also predicted to be over 27% within the next ten years, according to bestplaces.net. The major employers in the area include Red River Army Depot, Alcoa Aluminum Rolling Mill, CHRISTUS St. Michael Health System, Cooper Tire and Rubber, and Texarkana Texas Independent School District. These major employers employ thousands of residents each year and with the Texas A&M University Texarkana campus just 15 minutes away from the park, this creates a need for both long term and short-term housing for residents. The asset is less than 10 minutes away from the major highways of I-369 and I-30. The park is also less than 20 minutes away from the Texarkana Regional Airport. The park’s location also offers great access to many other destinations as it is located just outside the main loop of Texarkana and has access to I-30 leading into Dallas, I-49 leading into the Gulf of Mexico, and Route 59 leading straight into Houston. Home Sweet Home RV Park is being offered at a day one capitalization rate of 8.44 percent and a pro forma capitalization of 9.99 percent.

Exclusively Listed By

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