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32471642
32471633

E 1002 COMMERCE ST, FAIRFIELD, TX 75840

CN
TX 780088
C21 Commercial Mike Bowman, Inc.
Listed by C21 Commercial Mike Bowman, Inc.
$1,400,000
23 days on market
Updated 23 days ago

Primrose RV Park

Details
APN 59844
Property Type Multifamily, Mobile Home Park (+1)
Sub Type RV Park, Business and Building
Square Footage 65
Units 2
Cap Rate 8.95%
NOI $125,332
Occupancy 100%
Year Built 2011
Acreage 7.940
Investment Type Owner/User
Ground Lease No

Stabilized RV Park | 7.94 Acres on Strategic I-45 Corridor

Marketing description

Primrose RV Park at 1002 E Commerce St, Fairfield, TX 75840 is a turnkey RV park investment opportunity in the heart of the high-traffic I-45 corridor. Situated on approximately 7.94 acres, this well-maintained asset features 49 back-in gravel sites, each with full utility hookups and 30/50-amp service, creating strong appeal for both long-term residents and overnight travelers. The property offers a secure gated entrance with keypad access, public water and sewer, high-speed Wi-Fi optimized for streaming, and a newly updated climate-controlled bathhouse and laundry facility that adds ancillary income potential. Known for its quiet, clean setting and long-term tenancy, the park is designed for efficient operations and low-maintenance ownership. Positioned just minutes from Lake Fairfield and conveniently located between the Dallas-Fort Worth and Houston metros, this property benefits from both travel-driven demand and extended-stay occupancy. Adding to its upside, the site includes approximately 38,000 square feet of expansion area on the east side, plus potential commercial frontage along Commerce Street—making this an attractive opportunity for investors seeking stable income with future growth potential.

Investment highlights

C21 MHP Advisors is proud to present Primrose RV Park, a premier hospitality asset spanning 7.94 acres located in the strategic I-45 corridor of Fairfield, Texas. This exceptionally maintained property offers a secure, turn-key investment opportunity featuring 49 spaces meticulously maintained back-in gravel sites, all of which are equipped with full utility hookups, including 30 and 50 amp electrical service. A standout feature is its secure, gated entry with keypad access, providing peace of mind for both long-term tenants and seasonal travelers.

The infrastructure is robust and modern, featuring city water and sewer connections alongside high-speed Wi-Fi optimized for streaming. Designed for operational efficiency, the park is currently self-managed and boasts an impressive expense ratio with a versatile rate structure including average rents of $500 per month, $165 weekly, and $45 daily.

On-site amenities include a newly updated, climate-controlled bathhouse and laundry facility, which serves as a consistent source of ancillary income. With its location just miles from Lake Fairfield and halfway between the Dallas-Fort Worth and Houston metros, Primrose RV Park represents a stabilized, low-maintenance asset in one of Texas's most reliable transit and recreation hubs.

Expansion - The property offers RV lot expansion on the east side (approximately 38,000 sq. ft.) and potential commercial development to the south along Commerce St. In addition, there is a contiguous parcel, less than 1 acre, to the northwest that may be available for purchase. This acreage includes two single-wide mobile homes currently producing $1,300 in gross monthly revenue.

Listing Contacts

CN
TX 780088
C21 Commercial Mike Bowman, Inc.
Listed by C21 Commercial Mike Bowman, Inc.

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$125,332.00
$10,444.33/mo

Valuation Metrics

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DSCR
8.95%
Cap Rate
8.95%
ROI

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Additional Information

Name
Craig Nielson
License
780088
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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