RV Park

Harmony Circle RV Park & Campground

680 Harmony Cir, Weatherford, TX 76087

Listing Price: $650,000

Cap Rate
10.03%
Number of Spaces
37
Lot Size
18.14 acres
Occupancy
62.00%
Price/Space
$17,568
Spaces/Acre
2.04
Year Built
2015

Investment Overview

Harmony Circle RV Park and Campground is a 34-site RV park located in Weatherford, Texas, just outside of Fort Worth. The park sits on over 18 acres of land in the quiet country area with downtown Weatherford just minutes away. Harmony Circle RV Park and Campground also has 3 storage units on site for rent with gravel roads throughout the park. The park’s amenities include Wi-Fi, an 18-hole disc golf course, pond, pet trails and playground. The park operates on well water and septic sewer and is responsible for all utilities except electricity which is billed back to the tenants. The current management is open to staying on board for the future ownership. The city of Weatherford, Texas offers many local attractions including the Chandor Gardens, Clark Gardens Botanical Park, National Vietnam War Museum, and the Museum of the Americas. The population of Weatherford has increased by 3.38 percent annually and has had a growth rate of 34 percent since the 2010 Census according to WorldPopulationReview.com. Weatherford has also had an increase of over 2 percent in job growth over the last year and is predicted to have a future growth of over 40 percent over the next 10 years. The major employers in Weatherford include Weatherford Independent School District, Medical City Weatherford, City of Weatherford, Parker County, and Weatherford College. These major employers employ thousands of residents per year which creates a need for long term and short-term housing in the area for residents. The asset is less than 10 minutes away from Interstate 20 which connects to Interstate 30 and leads into Fort Worth and Dallas. The park is also less than an hour away from the Dallas/Fort Worth International Airport. Harmony Circle RV Park and Campground is being offered at a day one capitalization rate of 10.03 percent and a pro forma capitalization rate of 11.62 percent.

Investment Highlights

  • Offered at Day One Cap Rate of 10.03%
  • Park is Less Than One Hour Away from Dallas/Fort Worth International Airport
  • Operates on Well Water and Septic Sewer
  • Management Open to Staying on Board for Future Ownership

Exclusively Listed By

RV Park

Harmony Circle RV Park & Campground

Listing Price: $650,000

Cap Rate
10.03%
Number of Spaces
37
Lot Size
18.14 acres
Occupancy
62.00%
Price/Space
$17,568
Spaces/Acre
2.04
Year Built
2015

Investment Highlights

  • Offered at Day One Cap Rate of 10.03%
  • Park is Less Than One Hour Away from Dallas/Fort Worth International Airport
  • Operates on Well Water and Septic Sewer
  • Management Open to Staying on Board for Future Ownership

Investment Overview

Harmony Circle RV Park and Campground is a 34-site RV park located in Weatherford, Texas, just outside of Fort Worth. The park sits on over 18 acres of land in the quiet country area with downtown Weatherford just minutes away. Harmony Circle RV Park and Campground also has 3 storage units on site for rent with gravel roads throughout the park. The park’s amenities include Wi-Fi, an 18-hole disc golf course, pond, pet trails and playground. The park operates on well water and septic sewer and is responsible for all utilities except electricity which is billed back to the tenants. The current management is open to staying on board for the future ownership. The city of Weatherford, Texas offers many local attractions including the Chandor Gardens, Clark Gardens Botanical Park, National Vietnam War Museum, and the Museum of the Americas. The population of Weatherford has increased by 3.38 percent annually and has had a growth rate of 34 percent since the 2010 Census according to WorldPopulationReview.com. Weatherford has also had an increase of over 2 percent in job growth over the last year and is predicted to have a future growth of over 40 percent over the next 10 years. The major employers in Weatherford include Weatherford Independent School District, Medical City Weatherford, City of Weatherford, Parker County, and Weatherford College. These major employers employ thousands of residents per year which creates a need for long term and short-term housing in the area for residents. The asset is less than 10 minutes away from Interstate 20 which connects to Interstate 30 and leads into Fort Worth and Dallas. The park is also less than an hour away from the Dallas/Fort Worth International Airport. Harmony Circle RV Park and Campground is being offered at a day one capitalization rate of 10.03 percent and a pro forma capitalization rate of 11.62 percent.

Exclusively Listed By

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