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33218181
33252792

1402 Harrison Avenue, Port O'Connor, TX 77982

WS
TX 722582
KW Commercial Coastal Bend
Listed by KW Commercial Coastal Bend
$1,200,000
13 days on market
Updated 12 days ago

"THE TWO" RV PARK- 41+ Site Income Producing Property

Details
Property Type Multifamily, Mobile Home Park
Sub Type RV Park
Square Footage 1,700
Units 41
Cap Rate 7.07%
NOI $84,864
Tenancy Multi
Class B
Acreage 1.930
Investment Type Value Add

Income Producing Well Established RV Park in Port O'Connor

Marketing description

The Two RV Park is an established income-producing RV and lodging property with onsite management located in the coastal community of Port O'Connor, one of Texas' premier destinations for fishing, boating, and outdoor recreation. The property offers consistent long-term residents, Winter Texans, and short-term vacation guests, creating multiple revenue streams and reducing reliance on any single tenant base.

The property consists of 41 full-hookup RV sites 50/30/20 AMP, 3 furnished bunk huts, and 2 tiny homes, supported by amenities including a clubhouse with kitchen, laundry facilities, recreation area, 2nd story deck, high speed WiFi, four private restrooms with showers, and fish cleaning facilities. Additional income is generated through boat and storage parking.

Significant Infrastructure includes city water, individually metered electric service through Victoria Electric Cooperative, Spectrum internet and cable service, and a centralized wastewater system that feeds into the Port O'Connor Improvement District sewer infrastructure. Electric costs are billed back to tenants based on individual usage, helping control operating expenses.

With its combination of recurring income, coastal location, established infrastructure, and multiple lodging options, The Two RV Park offers investors the opportunity to acquire a unique hospitality and RV asset in one of the Texas Gulf Coast's most desirable recreational markets.

Investment highlights

  • The Two RV Park is an established income-producing RV and lodging property with onsite management located in the coastal community of Port O'Connor, one of Texas' premier destinations for fishing, boating, and outdoor recreation. The property offers consistent long-term residents, Winter Texans, and short-term vacation guests, creating multiple revenue streams and reducing reliance on any single tenant base.
  • The property consists of 41 full-hookup RV sites 50/30/20 AMP, 3 furnished bunk huts, and 2 tiny homes, supported by amenities including a clubhouse with kitchen, laundry facilities, recreation area, 2nd story deck, high speed WiFi, four private restrooms with showers, and fish cleaning facilities, Additional income is generated through boat and storage parking.
  • Significant Infrastructure includes city water, individually metered electric service through Victoria Electric Cooperative, Spectrum internet and cable service, and a centralized wastewater system that feeds into the Port O'Connor Improvement District sewer infrastructure. Electric costs are billed back to tenants based on individual usage, helping control operating expenses.
  • The park benefits from a stable occupancy profile, with an estimated 70% of guests consisting of long-term residents and Winter Texans. Short-term rentals, particularly the bunk huts, attract fishing guides and recreational visitors throughout the year.
  • The Two RV Park presents an opportunity to acquire a stabilized coastal asset with a strong NOI
  • With its combination of recurring income, coastal location, established infrastructure, and multiple lodging options, The Two RV Park offers investors the opportunity to acquire a unique hospitality and RV asset in one of the Texas Gulf Coast's most desirable recreational markets.

Listing Contacts

WS
TX 722582
KW Commercial Coastal Bend
Listed by KW Commercial Coastal Bend

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$84,864.00
$7,072.00/mo

Valuation Metrics

0
DSCR
7.07%
Cap Rate
7.07%
ROI

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Additional Information

Name
Will Storbeck
License
722582
Brokerage Phone
3612257900
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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