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29588289
33330195

605 Lakeshore Ln, Bandera, TX 78003

TM
TX 9014101, TX 811495
Leverage Realty Consulting Group, LLC
SJ
TX 0701668
Leverage Realty Consulting Group, LLC
Listed by Leverage Realty Consulting Group, LLC
Unpriced
145 days on market
Updated 26 days ago

NOI Positive RV Park w/ Riverfront Access

Details
Property Type Multifamily, Self Storage (+1)
Sub Type RV Park, Single Family Rental Portfolio
Square Footage 122,839
Net Rentable (SqFt) 122,839
Units 35
NOI $44,008
Occupancy 64%
Tenancy Multi
Pro-Forma NOI $85,758
Broker Co-Op Yes
Buildings 8
Acreage 2.820
Investment Type Value Add

Operational RV Park: 16 Full-Hookups | 2 Camp Sites | Expansion Potential

Marketing description

The Medina River Retreat: High-Yield Investment Meets Hill Country Serenity

Unlock a rare 9.37% cap rate at only 64% occupancy with a clear path to 18.25% pro-forma returns (no CapEx needed).

Simple upside adjustments include:

  1. Accept short-term guests (current operator doesn't allow short-term stays)
  2. Enable online booking (reservations are currently handled by phone and in person meetings)
  3. Increase average stay rates (current park rates are 28% below competition)

2.82-acres nestled in the prime Texas Hill Country corridor between San Antonio and Bandera, Medina River RV Park & Camping offers the perfect blend of rustic escape and modern convenience. This meticulously maintained property spans 16 full-hookup 20/30/50-amp RV sites, 2 tent sites (1 with 20-amp), and expansion potential for at least 15 more RV sites—all tucked away along the tranquil banks of the Medina River.

The Infrastructure Advantage

Unlike many rural parks, this site is built for durability and ease of use. It is a "turnkey" dream designed for remote management:

  • Redundant Utilities: Dual water sources (City & Well) and fiber-optic internet.
  • Permitted Systems: 6 conventional septic systems and 6 metered electrical poles.
  • Premium Amenities: Extra-wide sites, mature privacy trees, on-site laundry, shower/restroom facilities, and exclusive riverfront access.

Untapped "Value-Add" Potential

The property has been passively managed for years, leaving a massive "buy-and-build" opportunity on the table for the next owner:

  • Immediate Expansion: Space already available to add 6 additional RV sites.
  • Revenue Optimization: Boost NOI instantly by implementing online bookings, market-rate adjustments, monetizing firewood, laundry, and Wi-Fi, and leasing the additional sites.
  • Diverse Income: A steady mix of cross-country travelers, weekend vacationers, and long-term residents ensures year-round occupancy.

Investment highlights

9.37% Cap Rate with 18.25% Upside (no CapEx needed to achieve) – Hill Country RV Park

Stop looking for "value-add" and start with this cash flowing park that offers significant upside. This turnkey, riverfront RV park between San Antonio and Bandera features 16 20/30/50-amp full-hookup sites, 2 tent sites (1 with 20-amp), dual water sources, and fiber internet. With 6 cleared additional sites ready to be added (land allows for 15+ more sites when space utilization is optimized) and passive management ripe for optimization, the growth potential is massive. Secure a cash-flowing asset in Texas’s most popular corridor.

  1. Robust Infrastructure Floor: Dual water sources (municipal and private well) and fiber-optic connectivity provide a competitive utility moat that is rare in rural Hill Country assets.
  2. Expansion-Ready Footprint: Immediately increase your inventory and NOI by developing the 6 additional pre-planned RV sites without the need for extensive land acquisition.
  3. Management "Quick Wins": Massive upside available through minor operational shifts such as implementing online booking, allowing short-term guests, and increasing the average stay rate while still being priced under competitors.
  4. Built-in Diversification: A recession-resistant mix of short-term vacationers, cross-country travelers, and long-term residents ensures consistent occupancy across all seasons.
  5. Optimized for Remote Ownership: Meticulously designed for ease of maintenance and minimal on-site oversight, making it an ideal "armchair" investment or a portfolio addition.
  6. Strategic Septic Capacity: Six permitted, conventional septic systems are already in place, significantly reducing future capital expenditure and regulatory hurdles for expansion.
  7. Ancillary Revenue Streams: Untapped potential to monetize high-demand guest services, including on-site laundry, firewood sales, and premium Wi-Fi packages.
  8. Prime Transit Corridor: Positioned perfectly between the high-growth San Antonio metro and the tourist-heavy Bandera "Cowboy Capital," capturing high-volume traffic from both markets.

Listing Contacts

TM
TX 9014101, TX 811495
Leverage Realty Consulting Group, LLC
SJ
TX 0701668
Leverage Realty Consulting Group, LLC
Listed by Leverage Realty Consulting Group, LLC

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$44,008.00
$3,667.33/mo

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Additional Information

Name
Thomas M. Martinez
License
9014101
Brokerage
Leverage Realty Consulting Group
Title
Brokerage Owner, Managing Principal
Brokerage Address
20079 Stone Oak Parkway
Name
Sabu John
License
0701668
Brokerage
Leverage Realty Consulting Group
Brokerage Phone
800 401 0199
Title
John McNair
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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