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31136584
31136585

9538 I-20 Frontage Rd, Merkel, TX 79536

AW
TX TX 0661990
Whitten Real Estate
Listed by Whitten Real Estate
$1,545,000
79 days on market
Updated 17 days ago

Front Porch RV Park

Details
Property Type Mobile Home Park
Sub Type Multifamily
Square Footage 4,796
Units 43
Cap Rate 15.26%
NOI $235,800
Occupancy 100%
Pro-Forma Cap Rate 8.14%
Pro-Forma NOI $100
Price per SqFt $322
Broker Co-Op Yes
Class B
Year Built 1980
Year Renovated 2010
Acreage 11.960
Investment Type Owner/User

Thriving Rv Park with recreational space and pool!

Investment highlights

Interstate 20 Frontage, 100% occupancy with waitlist

Listing Contacts

AW
TX TX 0661990
Whitten Real Estate
Listed by Whitten Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$235,800.00
$19,650.00/mo

Valuation Metrics

0
DSCR
15.26%
Cap Rate
15.26%
ROI

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Additional Information

Name
Alex Whitten
License
TX 0661990
Brokerage
Whitten Real Estate
Brokerage Phone
3252603563
Title
Real Estate Broker
Brokerage Address
3409 South 14th Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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