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RV Park

Rocky River RV Resort

11011 U.S. Hwy 190, Kempner, TX 76539

Listing Price: $4,500,000

Cap Rate
7.88%
Number of Spaces
69
Lot Size
12.95 acres
Occupancy
98.0%
Price/Space
$65,217
Spaces/Acre
5.33
Year Built
2017

Investment Overview

Marcus & Millichap is pleased to present Rocky River RV Resort a 69-space RV park in Kempner, TX. The Park is being offered at a 7.88 percent capitalization rate with an estimated net operating income of $354,520. New buyer will acquire a still-growing, strategically placed asset. There are currently 63 RV spaces, 57 of which are pull-through, and six site built cabins. There is one cabin under construction, four additional cabins that are ordered and can be negotiated to be included in the sale. The park owns the riparian rights to the Lampasas River from the river bank to the halfway point. The river borders the east property line. The southern border of the park is U.S. Hwy 190, this highway sees a daily traffic count of about twelve thousand cars per day. The park has 54 tenants that have been at the park for over six months. The park has two firepits and a pecan grove along the river for guests to enjoy. All electric is underground.

Investment Highlights

  • High Quality Cabins Provide Upside
  • Lampasas River Riparian Rights
  • Laundry & Shower Facilities
  • Gated Community
  • 16 Miles West of Fort Hood & 70 Miles North of Austin

Exclusively Listed By

Financing By

Listing Price: $4,500,000

Cap Rate
7.88%
Number of Spaces
69
Lot Size
12.95 acres
Occupancy
98.0%
Price/Space
$65,217
Spaces/Acre
5.33
Year Built
2017

Investment Highlights

  • High Quality Cabins Provide Upside
  • Lampasas River Riparian Rights
  • Laundry & Shower Facilities
  • Gated Community
  • 16 Miles West of Fort Hood & 70 Miles North of Austin

Investment Overview

Marcus & Millichap is pleased to present Rocky River RV Resort a 69-space RV park in Kempner, TX. The Park is being offered at a 7.88 percent capitalization rate with an estimated net operating income of $354,520. New buyer will acquire a still-growing, strategically placed asset. There are currently 63 RV spaces, 57 of which are pull-through, and six site built cabins. There is one cabin under construction, four additional cabins that are ordered and can be negotiated to be included in the sale. The park owns the riparian rights to the Lampasas River from the river bank to the halfway point. The river borders the east property line. The southern border of the park is U.S. Hwy 190, this highway sees a daily traffic count of about twelve thousand cars per day. The park has 54 tenants that have been at the park for over six months. The park has two firepits and a pecan grove along the river for guests to enjoy. All electric is underground.

Exclusively Listed By

Financing By

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