Tra RV Park

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, is delighted to present the offering for sale of the Tra (Tr-AY) RV Park, a 170-site RV park located in Pecos, Texas, 1-hour from Odessa in the heart of West Texas.​ Pecos, famous for its claim as home to the “World’s First Rodeo”, invites travelers to delve into the cowboy culture at the West of the Pecos Museum, Texas Rodeo Hall of Fame, and annual rodeo events.​

Strengthened by its location in the Permian Basin, the park serves as a convenient haven for both local and regional workers, as well as travelers passing through.​

Conversion from a majority-membership park to a traditional park provides opportunity for a new buyer to purchase the property below-replacement cost and lease up and stabilize the park over a 1-3 year period.​

The asking price for the property is $2,300,000 ($13,529/site).​ This represents a ~29% stabilized yield on cost.​

Join email list and provide investment criteria: https://lnkd.​in/g9xC5k-a

Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.​linkedin.​com/company/35565066

Other opportunities:
https://www.​crexi.​com/profile/mike-nissley-mikeni

MH Park Groups:
https://www.​facebook.​com/groups/1971542136217030
https://www.​linkedin.​com/groups/12180353

RV Park Groups:
https://www.​facebook.​com/groups/2040575082699586
https://www.​linkedin.​com/groups/12180303

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  Tra is a majority long-term stay RV park with average rates of ~$522 and running ~33% occupancy.

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  By converting to a public park without memberships and increasing advertising spend the occupancy could be stabilized around 65-70% at market rates which are ~$809.

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  Located just off I-20 with easy access to regional employment and amentities including being directly across the street from the brand new county rec center.

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  Management in-place with current out-of-area owner and ready for stabilization post-membership .

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  Opportunity to grow revenue by adding cabin sites, converting standard sites to premium, adding premium WiFi and Cable options, vending, application fees, etc.