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26797552
26797553

1618 TX-361, Ingleside, TX 78362

LD
TX 693330
North Star Brokerage & Advisory
Listed by North Star Brokerage & Advisory
$1,175,000
274 days on market
Updated 88 days ago

Indian Trails RV/MH Park & Mustang Storage

Details
Property Type Hospitality, Mobile Home Park (+2)
Sub Type RV Park
Units 39
Cap Rate 9.37%
NOI $110,203
Pro-Forma Cap Rate 15.00%
Pro-Forma NOI $176,304
Class C
Acreage 10.000
Zoning Commercial
Investment Type Value Add

Stable Income & Growth Potential | 31 RV Sites | 15 Mobile Homes | 39 Storage Units

Marketing description

North Star Brokerage & Advisory is pleased to present Indian Trails RV/MH Park & Mustang Mini Storage, a unique investment opportunity in Ingleside, Texas. The property features a total of 46 sites, consisting of 31 RV sites and 15 mobile homes, along with a 39-unit mini storage facility.

Indian Trails offers residents a convenient location just off Highway 361, providing quick access south to Corpus Christi and north to Aransas Pass. The park currently generates a net operating income of $110,202.53, reflecting a 9.37% cap rate.

Situated on 10 acres, the property provides ample space for further development or redevelopment. RV/MH pads are currently leased at $350–$400 per month, offering investors the opportunity to increase occupancy and maximize value. The park is serviced by well water and septic sewer systems.

All residents are long-term tenants, many of whom are employed in the local construction, medical, and oil industries. All guests except for 5 pay electric directly with the electric provider and all sites are individually metered.

With Ingleside’s growing economy, Indian Trails represents an ideal investment for those seeking stable, affordable housing demand with significant upside potential through expansion and development.

Looking for something else? Please submit your buyer criteria so that our team can better pair you with opportunities that meet your needs.

ACCESS TO DILIGENCE: To access the due diligence documents through Crexi, navigate to the Due Diligence tab on the property listing page. Click Execute CA, then accept to electronically sign the Confidentiality Agreement. Once completed, the diligence vault will automatically unlock, allowing you to view and download the documents.

HOW TO PARTICIPATE

● Inquiries should be made by contacting Landan Dory at Landan@NSTARBA.COM

● DO NOT show up to the property unannounced.

● DO NOT speak to staff, guests or owners without written consent from Broker.

● All offers must be submitted in a Letter of Intent format with proof of funds and/or letter from a lender.

● Please review all diligence materials prior to contacting an agent.

Bird Dogs: we encourage Bird Dogs to work on our listings; however, we asked that any Bird Dogs be sure that their buyer has reviewed the marketing materials prior to contacting an agent and scheduling a meeting. We get so many calls from Bird Dogs asking about creative financing structures. Everything a buyer needs to know about our listings and seller preferences can be found in the marketing materials or the deal room. Serious buyers are encouraged to schedule one-on-one meetings with the brokerage team. Please be sure to have proof of funds accessible by this meeting date.

Investment highlights

  • HIGH GROWTH MARKET: Nestled in the heart of Ingleside, TX, Indian Trails RV/MH Park benefits from its close proximity to a range of attractions and amenities. Situated near the beautiful Gulf Coast, it attracts tourists, snowbirds, and outdoor enthusiasts throughout the year. The park's convenient access to major highways makes it a sought-after destination for travelers seeking a restful and enjoyable stay. Ingleside, TX is a hotspot for RV and MHP investments. The region boasts a thriving economy, fueled by the growth of the oil and gas industry and a strong tourism sector. With the increasing popularity of RVing and the rising demand for affordable housing solutions, Indian Trails RV/MH Park stands at the forefront of a lucrative market with tremendous growth potential.

  • DEVELOPMENT VALUE-ADD: Indian Trails RV/MH Park offers significant potential for expansion and growth. With available land and the right permits in place, you can capitalize on the increasing demand by adding additional RV spaces, upgrading existing facilities, or exploring additional revenue streams, such as storage rentals or recreational amenities.

  • FAVORABLE STATE INCOME TAX LAWS: Texas is one of seven states that does not impose a state income or investment tax.

Listing Contacts

LD
TX 693330
North Star Brokerage & Advisory
Listed by North Star Brokerage & Advisory

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$110,203.00
$9,183.58/mo

Valuation Metrics

0
DSCR
9.38%
Cap Rate
9.38%
ROI

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Additional Information

Name
Landan Dory
License
693330
Brokerage Phone
(512) 222-6826
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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