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33993169
33993168

11945 US-59, NACOGDOCHES, TX 75965

MW
TX TX 729650
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston
$900,000
1 day on market
Updated 1 day ago

Village RV Park

Details
APN 63891 & 6995
Property Type Multifamily, Mobile Home Park
Sub Type RV Park
Units 39
Cap Rate 8.36%
NOI $75,233
Occupancy 54%
Class C
Year Built 1982
Acreage 24.310
Investment Type Value Add
Sale Condition N/A

39 Total Spaces | 31 RV & 8 MH | 17+ Acres of Expansion Land

Marketing description

Marcus & Millichap is pleased to present Village RV Park, a 39-space RV park located in Nacogdoches, Texas. The property features excellent frontage along U.S. Highway 59 and is less than six miles from Stephen F. Austin State University, Walmart, and numerous retail and employment centers.

Village RV Park consists of 31 RV sites, eight manufactured home sites, more than 17 acres of excess land for future development, eight storage units, a leased commercial building, and an on-site laundry facility equipped with one washer and one dryer. The property is currently operating at approximately 54% occupancy, presenting a value-add opportunity for an investor to increase occupancy and expand operations. Current monthly rents range from $400–$450 for RV and manufactured home sites, $50 for storage units, and $1,000 per month for the leased commercial building. With a substantial amount of excess land and strong demand for manufactured housing in the area, the property offers significant upside potential through future development and operational improvements.

Water service is provided by Appleby Water Supply Corporation, while sewer is serviced by an on-site septic system. Water, sewer, electricity, and trash are currently included in tenant rent. An on-site manager resides in a mobile home located toward the rear of the property and receives free lot rent as compensation. Management has not been informed of the property’s sale. Please do not visit the property or contact on-site personnel without prior approval. All property tours must be arranged through the Marcus & Millichap listing agents.

Investment highlights

• Seller Financing Available | 16.20% Cash-on-Cash Return

• Value-Add Opportunity

• 17+ Acres of Expansion Land

• Less Than 6 Miles From Stephen F Austin University & Walmart

Listing Contacts

MW
TX TX 729650
Marcus & Millichap - Houston
Listed by Marcus & Millichap - Houston

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$75,233.00
$6,269.42/mo

Valuation Metrics

0
DSCR
8.36%
Cap Rate
8.36%
ROI

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Additional Information

Name
Matt Wagner
License
TX 729650
Brokerage Phone
713-452-4282
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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