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22173677
22173690

11400 Thousand Trails Rd, Willis, TX 77318

JM
TX tx 0764862
Keller Williams Clear Lake/ NASA
Listed by Keller Williams Clear Lake/ NASA
$3,700,000
478 days on market
Updated 53 days ago

Boat & RV Storage/RV Park

Details
APN 0007-00-04000
Property Type Business for Sale, Mixed Use (+1)
Sub Type Business and Building
Square Footage 1,700
Units 1
Cap Rate 10.81%
NOI $400,000
Broker Co-Op No
Buildings 2
Acreage 7.420
Investment Type Owner/User

Boat & RV storage/RV Park

Marketing description

This location is a turn key outstanding investment property that's far from it's potential w/ several revenue streams. This location is only about 65% occupied from a storage perspective and the foundation has been set to engineer and maximize the space to take this to the next level. It's not going to take long to fill this location up based on it's proximity to Lake Conroe and shifting the focus back to storage. This property has RV and golf cart rentals that would just add to the value and opportunities here as well as RV sites that have a proven source of income. Along with that it has a brand new propane pad site and all licenses in place to sell propane. This also has a permitted modular office that has a certificate of occupancy. Additionally a RV rental franchise will convey that now sell for $50K! The park model on site is not occupied and not rented so it could immediately turn into revenue. Do not miss out on this nearly 8 acres that has tons to offer!

Investment highlights

-Turn Key RV and Boat Storage facility with multiple revenue streams

-13 RV SITES

-Everest Commercial Ice Machine

-Storage Containers

-Park Model

-3 office mobile office w/ showroom area

-Propane pad site with proven sales

-2500 Square foot shop w/ pit and loading docs

-Well over 200 storage spots 67 of which are covered

-Double digit cap rate pro forma

-Appx 65% occupied

-Multiple Storage containers

-City Utilities

-Fireside RV Rental Franchise conveys

-Security cameras

-Dump Station

Listing Contacts

JM
TX tx 0764862
Keller Williams Clear Lake/ NASA
Listed by Keller Williams Clear Lake/ NASA

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$400,000.00
$33,333.33/mo

Valuation Metrics

0
DSCR
10.81%
Cap Rate
10.81%
ROI

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Additional Information

Name
Jennifer Massey
License
tx 0764862
Brokerage Phone
940-595-1230
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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