RV Park

Galloping Snail RV Park

5893 Jones Rd, Bryan, TX 77807

Listing Price: $900,000

Cap Rate
9.03%
Number of Spaces
68
Lot Size
4.00 acres
Occupancy
26.00%
Price/Space
$13,235
Spaces/Acre
17.00
Year Built
2014

Investment Overview

Galloping Snail RV Park is a 68-site RV park located in Bryan, Texas between the major cities of Austin and Houston and is less than 15 minutes from Texas A&M University. The park sits on around 4 acres with amenities that include onsite laundry, dog parks, a clubhouse, and fitness center. The park operates on city water and sewer and currently pays all utilities. The city of Bryan offers many local attractions including the Aggieland Safari, George H.W. Bush Presidential Library and Museum, and Texas A&M University. According to worldpopulationreview.com, the population of Bryan, Texas has increased by 14.73 percent since 2010. Bryan has also experienced an increase in job growth of 3.6 percent in the last year with a future job growth predicted to be over 40 percent over the next ten years according to bestplaces.net. The major employers in Bryan include Axis Pipe and Tube, Fiji Film Diosynth Biotechnology Texas, iBio, and Texas A&M University. These major employers employ thousands of residents per year and with the major university Texas A&M nearby, there is a need for long term and short-term housing in the area for both students and residents. The asset is less than 10 minutes away from the major highways of State Highway 47 and State Highway 21 West. The park is also less than 10 minutes away from the city’s major airport Easterwood Airport. Galloping Snail RV Park is being offered at a day one capitalization rate of 9.03 percent and a pro forma capitalization rate of 10.46 percent.

Investment Highlights

  • Offered at Day One Cap Rate of 9.03%
  • Park Operates on City Water and City Sewer
  • Less than 15 Minutes Away from Texas A&M University
  • Amenities: Laundromat, Dog Parks, Clubhouse and Fitness Center

Exclusively Listed By

RV Park

Galloping Snail RV Park

Listing Price: $900,000

Cap Rate
9.03%
Number of Spaces
68
Lot Size
4.00 acres
Occupancy
26.00%
Price/Space
$13,235
Spaces/Acre
17.00
Year Built
2014

Investment Highlights

  • Offered at Day One Cap Rate of 9.03%
  • Park Operates on City Water and City Sewer
  • Less than 15 Minutes Away from Texas A&M University
  • Amenities: Laundromat, Dog Parks, Clubhouse and Fitness Center

Investment Overview

Galloping Snail RV Park is a 68-site RV park located in Bryan, Texas between the major cities of Austin and Houston and is less than 15 minutes from Texas A&M University. The park sits on around 4 acres with amenities that include onsite laundry, dog parks, a clubhouse, and fitness center. The park operates on city water and sewer and currently pays all utilities. The city of Bryan offers many local attractions including the Aggieland Safari, George H.W. Bush Presidential Library and Museum, and Texas A&M University. According to worldpopulationreview.com, the population of Bryan, Texas has increased by 14.73 percent since 2010. Bryan has also experienced an increase in job growth of 3.6 percent in the last year with a future job growth predicted to be over 40 percent over the next ten years according to bestplaces.net. The major employers in Bryan include Axis Pipe and Tube, Fiji Film Diosynth Biotechnology Texas, iBio, and Texas A&M University. These major employers employ thousands of residents per year and with the major university Texas A&M nearby, there is a need for long term and short-term housing in the area for both students and residents. The asset is less than 10 minutes away from the major highways of State Highway 47 and State Highway 21 West. The park is also less than 10 minutes away from the city’s major airport Easterwood Airport. Galloping Snail RV Park is being offered at a day one capitalization rate of 9.03 percent and a pro forma capitalization rate of 10.46 percent.

Exclusively Listed By

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