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27350056
27350058

2328 Chaparral st, Rockport, TX 78382 For Sale

CP
Texas 781299
Keller Williams Coastal Bend
Listed by Keller Williams Coastal Bend
$675,000
287 days on market
Updated 16 days ago

Paradise Oaks Coastal Cabins

Details
Property Type Mixed Use
Sub Type Long term rental, RV Park/Cabins (+1)
Square Footage 350
Cap Rate 7.8%
NOI $52,650
Occupancy 100%
Year Built 2014
Buildings 3
Stories 1
Acreage 1.000
Investment Type Value Add
Occupancy Date 06/01/2025

Income producing property!

Marketing description

Excellent opportunity to own a unique, income-producing property just outside city limits! Situated on 1.01 acre, this commercial investment offers a blend of existing rental income and room for future expansion! Rich with nature, this property features three charming 350 sq. ft. cabins, each fully furnished and thoughtfully designed for comfort. These cozy cabins are move-in ready for long term tenants or short-term guests. Additionally, there are four fully functional RV pads with utilities in place, providing consistent rental opportunities! For added convenience, the property includes a laundry facility on-site, BBQ area, small firepit not to mention tons of shade, making it even more attractive to renters/guests. Roughly one third of an acre remains undeveloped, giving you endless possibilities to expand! Come enjoy Rockport and all that the surrounding area has to offer! This property is perfect for an investor looking to expand their portfolio or someone just seeking a commercial property with excellent income potential and space to grow. Truly a MUST SEE! OWNER FINAINCING AVAILABLE!

Investment highlights

3 fully furnished cabin

4 fully equipped RV pads

1/3 acre remains undeveloped, can be used for owners quarters or additional units!

Listing Contacts

CP
Texas 781299
Keller Williams Coastal Bend
Listed by Keller Williams Coastal Bend

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$52,650.00
$4,387.50/mo

Valuation Metrics

0
DSCR
7.8%
Cap Rate
7.8%
ROI

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