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$700,000
Est. payment /mo
1 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Kuykendall, Catherine A Survey Abstract 901 Tract
MLS Listing ID 21245797
Total Fin. Sqft 1000
Year Built 2019
Annual Tax Amount $126
Lot Size 1.000 Acres
Acres 1.0
Property Sub-Type Business
Property Description
RV Park Investment Opportunity-Value-Add Upside
Established RV park with in-place cash flow
13 total pads with 5 currently occupied
Immediate upside through lease-up of 8 vacant pads
Stabilization potential through increased occupancy and rent optimization
True Value-Add Opportunity
Significant upside driven by underutilized marketing and leasing efforts
Current ownership does not actively advertise the property and has no on-site signage, limiting
visibility and inbound demand
Ability to rapidly increase NOI through filling vacant pads with minimal capital investment
Potential for ancillary income (on-site storage, laundry, or service fees if implemented)
Investment Overview
Purchase Price: $700,000
In-Place NOI: $43,809.85
In-Place Cap Rate: ~6.26% (based on current occupancy)
Significant upside through lease-up of 8 vacant pads and operational improvements
Sale will include all land associated with the RV park improvements. Final boundaries to be
determined by Buyer during due diligence via replat
Highlights
Immediate cash flow with clear path to increased returns
Simple, easy-to-manage asset class
Strong upside through lease-up of existing infrastructure (no major development required)
Ideal for investors seeking yield with operational upside
Established RV park with in-place cash flow
13 total pads with 5 currently occupied
Immediate upside through lease-up of 8 vacant pads
Stabilization potential through increased occupancy and rent optimization
True Value-Add Opportunity
Significant upside driven by underutilized marketing and leasing efforts
Current ownership does not actively advertise the property and has no on-site signage, limiting
visibility and inbound demand
Ability to rapidly increase NOI through filling vacant pads with minimal capital investment
Potential for ancillary income (on-site storage, laundry, or service fees if implemented)
Investment Overview
Purchase Price: $700,000
In-Place NOI: $43,809.85
In-Place Cap Rate: ~6.26% (based on current occupancy)
Significant upside through lease-up of 8 vacant pads and operational improvements
Sale will include all land associated with the RV park improvements. Final boundaries to be
determined by Buyer during due diligence via replat
Highlights
Immediate cash flow with clear path to increased returns
Simple, easy-to-manage asset class
Strong upside through lease-up of existing infrastructure (no major development required)
Ideal for investors seeking yield with operational upside
Location
State TX
County Tarrant
Zoning Fort Worth ETJ
Direction See GPS
Interior
Heating Other
Cooling Window Unit(s)
Flooring Concrete
Heat Source Other
Exterior
Utilities Available Septic, Well
Roof Type Metal
Garage No
Building
Foundation Slab
Structure Type Rock/Stone
Others
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21245797
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Listed by M. Clint Renfro • Renfro Real Estate Advisors
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Jamie Lockhart
Luxury Realtor®- Team Lead JSNT Group
Luxury Realtor®- Team Lead JSNT Group