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TeePee RV Park and Mini Storage
Two Prime Real Estate Locations Present a Unique Investment
Listing Contacts
JF 
License: TX 730871
Active
Asking Price: $3,900,000
Address
229 US-180, Seminole, TX 79360
Show on MapDate Added
Jul 11, 2024
Days on Market
283 days
Time Since Last Update
40 days
Details
Property TypeLand, Mixed Use, Mobile Home Park, Self Storage
SubtypeCommercial
Units30
Year Built2009
Stories1
Lot Size (acres)13
Marketing Description
Nestled in the thriving heart of Seminole, TX, these two prime real estate locations present a unique investment opportunity with 7.5% Cap Rate
The first location boasts 20 homes, predominantly trailers, along with a substantial 3,200 sq ft shop. This setup is ideal for those looking to tap into the bustling local economy.
Just a stone's throw away, the second location features 10 homes and additional RV sites, catering to a diverse range of tenants. This property is further enhanced by a multi-unit enclosed boat or RV storage facility and mini storages, ensuring steady rental income. An on-site office provides convenience and ease of management.
The booming oilfield industry, coupled with thriving farming activities and other economic drivers, makes this investment particularly attractive. Notably, rents haven't been increased in five years, offering substantial potential for future growth. This is a perfect chance to invest in a diversified, high-demand area.
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Property History
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Due Diligence
Listing Contacts
JF License: TX 730871
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Additional Information
Additional Information
Broker Name
James Friesen
Broker License
TX 730871
Brokerage Name
United Country H5 Auction and Realty
Broker Title
Agent
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