RV Park

Sunnyside RV Park

260 W US Hwy 377, Granbury, TX 76048

Listing Price: $925,000

Cap Rate
9.02%
Number of Spaces
61
Lot Size
7.41 acres
Occupancy
64.0%
Price/Space
$15,164
Spaces/Acre
8.23
Year Built
1967

Investment Overview

Sunnyside RV Park is a 41-site RV park located in Granbury, Texas just outside of Fort Worth. The park sits on over 7 acres of land with many trees throughout the park and is located near restaurants and shopping areas. Sunnyside RV Park also has 20 full size storage units. The park has gravel roads throughout with gated RV and auto storage. The park operates on well water and septic sewer and currently pays all utility costs. The current management is open to staying on board for the future ownership. The city of Granbury, Texas offers many local attractions including Granbury City Beach, Brazos Drive-In Theater, Fossil Rim Wildlife Center, Dinosaur Valley State Park, and access to Brazos River and Lake Granbury for boating, and water sports. The population of Granbury has increased by 3.43 percent over the last year and has had a growth rate of almost 40 percent since the 2010 Census according to WorldPopulationReview.com. BestPlaces.net has also said that job growth increased by over 2 percent 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 Granbury include HEB, Granbury Independent School District, Lake Granbury Medical Center, as well as many manufacturing companies. 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 located just off U.S. Highway 377 and is 5 minutes away from U.S. State Highway 144. The park is also less than 15 minutes away from the city’s major airport Granbury Regional Airport and Lake Granbury. Sunnyside RV Park is being offered at a day one capitalization rate of 9.02 percent and a pro forma capitalization rate of 10.17 percent.

Investment Highlights

  • Offered at Day One Cap Rate of 9.02%
  • Located Off U.S. Highway 377
  • Operates on Well Water and Septic Sewer
  • Property Includes 20 Full Size Storage Units

Exclusively Listed By

Listing Price: $925,000

Cap Rate
9.02%
Number of Spaces
61
Lot Size
7.41 acres
Occupancy
64.0%
Price/Space
$15,164
Spaces/Acre
8.23
Year Built
1967

Investment Highlights

  • Offered at Day One Cap Rate of 9.02%
  • Located Off U.S. Highway 377
  • Operates on Well Water and Septic Sewer
  • Property Includes 20 Full Size Storage Units

Investment Overview

Sunnyside RV Park is a 41-site RV park located in Granbury, Texas just outside of Fort Worth. The park sits on over 7 acres of land with many trees throughout the park and is located near restaurants and shopping areas. Sunnyside RV Park also has 20 full size storage units. The park has gravel roads throughout with gated RV and auto storage. The park operates on well water and septic sewer and currently pays all utility costs. The current management is open to staying on board for the future ownership. The city of Granbury, Texas offers many local attractions including Granbury City Beach, Brazos Drive-In Theater, Fossil Rim Wildlife Center, Dinosaur Valley State Park, and access to Brazos River and Lake Granbury for boating, and water sports. The population of Granbury has increased by 3.43 percent over the last year and has had a growth rate of almost 40 percent since the 2010 Census according to WorldPopulationReview.com. BestPlaces.net has also said that job growth increased by over 2 percent 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 Granbury include HEB, Granbury Independent School District, Lake Granbury Medical Center, as well as many manufacturing companies. 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 located just off U.S. Highway 377 and is 5 minutes away from U.S. State Highway 144. The park is also less than 15 minutes away from the city’s major airport Granbury Regional Airport and Lake Granbury. Sunnyside RV Park is being offered at a day one capitalization rate of 9.02 percent and a pro forma capitalization rate of 10.17 percent.

Exclusively Listed By

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