1401 BALL AIRPORT RD Victoria TX 77904

Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire the Ball Airport RV Park, which is set to be a premier, high-quality RV park in Victoria, Texas. The property is conveniently located just to the west of major thoroughfare Highway 77 and will benefit from its location in a peaceful upscale neighborhood, excellent schools, and close proximity to Victoria’s prime commercial corridor.

The asking price for the property is $1,600,000 ($9,467/site) ($80,000/site).

This represents an 12% yield on cost on stabilized pro forma.

For more information, contact the MHRV Group at +1 (386) 345 2963

• Fully approved RV park in a strong and growing market with city water and city sewer connections at the road.

• Strong Market: The Victoria MSA has a 200,000+ population and is strategically located less than 2 hours from several major cities in Texas, has three ports and many major employers.

• Moderate sized RV park will allow for faster construction and lease up periods.

• Monthly rents have been estimated at $650/month plus 80% of utilities billed back which represents a less than 10% premium over older, less well-located properties.

• Though not underwritten, many competitive parks offer cabins/park-models/premium sites which could be added based on market demand.