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31533117
31533118

907 I-20 Frontage Rd, Big Spring, TX 79720

CJ
TX 805853
North Star Brokerage & Advisory
LD
TX 693330
North Star Brokerage & Advisory
Listed by North Star Brokerage & Advisory
$2,000,000
68 days on market
Updated 67 days ago

Southridge RV Park

Details
Property Type Hospitality, Land (+3)
Sub Type RV Park
Units 141
Cap Rate 9.00%
NOI $180,000
Occupancy 71%
Pro-Forma Cap Rate 15.30%
Pro-Forma NOI $306,000
Year Renovated 2015
Acreage 108.000
Zoning Commercial
Investment Type Value Add

141 Unit RV Park on 100 Acres

Marketing description

Owner Financing Available

Northstar Brokerage and Advisory is pleased to present Southridge RV Park, a strategic 141-unit workforce housing asset spanning 108 expansive acres along the vital I-20 corridor in Big Spring, Texas. This offering represents a rare opportunity to acquire a stabilized, cash-flowing property with multiple value add components in the heart of the Permian Basin.

Southridge serves a resilient tenant base of industrial contractors and permanent residents. Since a comprehensive infrastructure modernization in 2012—which included a full water-line replacement and significant electrical upgrades—the park has operated with high efficiency and minimal deferred maintenance. The true value of Southridge lies in its underutilized footprint. With only 20% of the total 108 acres currently developed, the property offers expansion opportunity for new sites or amenities The recent arrival of municipal sewer to the property line provides a clear, cost-effective path for the next owner to transition from septic to city utilities, unlocking the potential for high-density expansion or diverse commercial development. Southridge RV Park is a high-yield, low-volatility asset perfectly positioned for a multi-phase value-add strategy.

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

HOW TO PARTICIPATE

  • Inquiries should be made by contacting Caleb Jackson at [email protected]
  • 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

Below Market Rents

Southridge RV Park has not implemented rent increases since the expansion completed in 2015. Current rates remain below market relative to competing assets, presenting a clear opportunity for strategic rent growth.

Expansion Potential

The property consists of 108 total acres, with only 18 currently developed as the park. 48 acres are capable of being expanded upon, with the remaining 42 in a dry creek flood plain or rural topography.

Sub-Metering & Expense Efficiency

The park is currently divided between master-metered and sub-metered sections, with elevated electricity costs driving expenses above industry averages and highlighting an opportunity for operational improvement.

High-Visibility Corridor

Positioned directly along Interstate 20 frontage, the park benefits from strong regional visibility and convenient access for Big Spring’s industrial workforce, supporting consistent tenant demand.

Strong Occupancy Momentum

The asset has demonstrated strong leasing momentum, reaching 100% occupancy on multiple occasions in Q1 2026, highlighting consistent demand within the market.

Listing Contacts

CJ
TX 805853
North Star Brokerage & Advisory
LD
TX 693330
North Star Brokerage & Advisory
Listed by North Star Brokerage & Advisory

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$180,000.00
$15,000.00/mo

Valuation Metrics

0
DSCR
9%
Cap Rate
9%
ROI

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Additional Information

Name
Caleb Jackson
License
805853
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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