Copper Ridge RV Park
49 Space RV Park | All Concrete Roads and Pads | $28,571 per space
Marketing description
Marcus & Millichap is pleased to present Copper Ridge RV Park, a 49-space RV park located in Hearne, TX, just 15 minutes north of Bryan/ College Station along Highway 6. Park amenities include high-speed internet and a clubhouse with three washers and dryers and three bathrooms with showers.
The park is offered at an 8.90% capitalization rate with an estimated net operating income of $124,574. Current monthly rates are $425, with electric billed back to tenants, alongside weekly rates of $225 and daily rates of $40. The park historically operates at approximately 80% occupancy.
The total property spans 9.6 acres and includes a 7,640-squarefoot warehouse that can be purchased together with the RV park for an additional $1,050,000 to the $1,400,000 RV park offering. If sold independently, the RV park will be parceled out on its 6.3-acre tract.
A value-add opportunity exists through the addition of up to 11 spaces on adjacent vacant land, supported by the existing septic infrastructure. The park operates on city water and two 2,000-gallon septic systems and is currently managed by an on-site tenant who maintains the grounds in exchange for a complimentary space and $1,500 per month. The manager is willing to remain post-sale.
Do not visit the property without prior approval. All tours must be scheduled through a Marcus & Millichap agent.
Please review the OM and due diligence material prior to reaching out to the listing agent:
David Tietz
O: 713-452-4309
C: 832-499-0188
Investment highlights
- All concrete roads and pads
- Offered for less than $30,000 a space
- 15 minutes north of Bryan/College Station
- City water and septic
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