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RV Park

Texas Star RV Park

17450 I-10, Vidor, TX 77662

Listing Price: $1,950,000

Cap Rate
8.37%
Number of Spaces
60
Lot Size
27.29 acres
Occupancy
85.0%
Price/Space
$32,500
Spaces/Acre
2.20
Year Built
2009

Investment Overview

Marcus & Millichap is pleased to present Texas Star RV Park a 60 -pace RV park in Vidor, Texas. This quiet and adult atmosphere park is enjoyed by refinery workers, full time retirees and a healthy mix of travelers. The park is located 20 minutes from the entrance to Exxon Mobil. The park is being offered at a 8.37 percent capitalization rate with an estimated net operating income of $163,266. There are currently 60 RV spaces, 51 of which are occupied, and roughly 30 of those are lon- term tenants. The park has city water and city sewer with a lift station maintained by the owner. The park has an on-site manager that is not paid. Amenities that the park offers a laundromat and office. The park owns four washer and four dryers. There are more than 8 acres of expansion land that can be developed into mobile home or RV spaces. The due diligence documents can be viewed here. The park is in flood zone AE which is the 100 year flood zone. Owner financing available. Please submit your own terms and conditions.

Investment Highlights

  • More than 8 Acres Of Expansion Land
  • Concrete Pads
  • Owner Financing Available
  • City Water and City Sewer

Exclusively Listed By

Financing By

RV Park

Texas Star RV Park

Listing Price: $1,950,000

Cap Rate
8.37%
Number of Spaces
60
Lot Size
27.29 acres
Occupancy
85.0%
Price/Space
$32,500
Spaces/Acre
2.20
Year Built
2009

Investment Highlights

  • More than 8 Acres Of Expansion Land
  • Concrete Pads
  • Owner Financing Available
  • City Water and City Sewer

Investment Overview

Marcus & Millichap is pleased to present Texas Star RV Park a 60 -pace RV park in Vidor, Texas. This quiet and adult atmosphere park is enjoyed by refinery workers, full time retirees and a healthy mix of travelers. The park is located 20 minutes from the entrance to Exxon Mobil. The park is being offered at a 8.37 percent capitalization rate with an estimated net operating income of $163,266. There are currently 60 RV spaces, 51 of which are occupied, and roughly 30 of those are lon- term tenants. The park has city water and city sewer with a lift station maintained by the owner. The park has an on-site manager that is not paid. Amenities that the park offers a laundromat and office. The park owns four washer and four dryers. There are more than 8 acres of expansion land that can be developed into mobile home or RV spaces. The due diligence documents can be viewed here. The park is in flood zone AE which is the 100 year flood zone. Owner financing available. Please submit your own terms and conditions.

Exclusively Listed By

Financing By

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