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33738921
33738647

2233 East Stamford Street, Abilene, TX 79601

CJ
TX 805853
North Star Brokerage & Advisory
LD
TX 693330
North Star Brokerage & Advisory
Listed by North Star Brokerage & Advisory
$9,800,000
0 days on market
Updated 0 days ago

Ridgeview RV Resort

Details
Property Type Multifamily, Hospitality (+1)
Sub Type RV Park
Units 147
Cap Rate 7.63%
NOI $748,218
Occupancy 98%
Pro-Forma Cap Rate 8.81%
Pro-Forma NOI $863,380
Class A
Year Built 2021
Buildings 1
Acreage 20.000
Investment Type Stabilized

147 Unit Class A Resort in Abilene Texas | City Utilities | Below Market Rents

Marketing description

North Star Brokerage & Advisory is pleased to offer Ridgeview RV Resort, a purpose-built, 147-site full-hookup RV resort in Abilene, Texas. Constructed in 2021, the property features gravel pads, individual electric metering with tenant billback, a swimming pool, playground, laundry, WiFi, dog park, and artificial turf at every site.

Anchored by Stargate Data Center, Dyess Air Force Base, Hendrick Medical Center, and the region's energy sector, Abilene drives consistent demand from military, healthcare, and energy tenants. With comparable rents now exceeding $700 per site in the market, Ridgeview offers a rare like-new West Texas asset with a clear and well-supported path to near-term rent growth.

This opportunity is available for cash or bank financing only. Seller financing and other creative financing proposals will not be considered.

Please note that we work exclusively with qualified, verified buyers. We will not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, "bird dogs," or third parties.

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

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.

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.

Notice to Subto and Creative Finance Communities

To all new members of the Pace Morby “Creative Finance” and “Subto” communities, we appreciate your enthusiasm and interest.

Please note that we work exclusively with verified buyers (and their brokers). To protect our sellers, we do not release proprietary information to intermediaries, scouts, “bird dogs,” or any third parties.

All buyers must contact us directly, complete registration, and sign a Confidentiality Agreement before receiving any property details. Proof of funds may be requested from all interested parties.

Investment highlights

  • Below-Market In-Place Rents: Even after a January rent increase, the park remains below market relative to competing properties by ≈$100-$200/mo, particularly given its Class A amenities and strong location.

  • Proximity to Regional Developments: Ridgeview is among the closest parks to the OpenAI data center and is positioned to be the nearest park to the newest development along Hwy 351 in Breckenridge County

  • Class A Amenities: Ridgeview is one of the few parks in Abilene offering high-quality amenities and well-designed, spacious sites.

  • Strong Historical Occupancy: The park has maintained strong occupancy levels even prior to the recent data center-driven demand surge in Abilene.

  • Potential Supply Restraints: The City of Abilene and City of Tye have begun discussions around limiting new RV park development. Despite a planned 1,000+ site park tied to the Google data center, Ridgeview is not expected to face long-term competitive pressure from new supply.

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
$748,218.00
$62,351.50/mo

Valuation Metrics

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DSCR
7.63%
Cap Rate
7.63%
ROI

Map

Zoning

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AO/CUP AgricultureAgricultural Open Space Conditional Use Permit
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Last updated Jun 4, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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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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