Haus Property Group
Listed by Haus Property Group
$2,850,000
3807 S COUNTY ROAD 1210 MIDLAND TX 79706-6247
Details
APN 039200167720
Property Type Mobile Home Park
Units 1
Cap Rate 11.4%
NOI $325,000
Occupancy 95%
Pro-Forma Cap Rate 12.28%
Pro-Forma NOI $350,000
Broker Co-Op True
Class B
Year Built 2007
Buildings 3
Acreage 3.940
Zoning City of Midland ETJ
Investment Type Stabilized
Ownership Midland Basin RV Park LLC
Sale Condition N/A
High Occupancy RV park just south of Midland with long term cash flow.
Marketing description
High Occupancy RV Park with laundry facilities, WIFI, Security fencing, lighting, and cameras, as well as on site manager apartment and office. Property conveys with multiple storage buildings, bobcat and ATV/Mule, as well as water system, website, and materials for operation. Full caliche pads with 65 RV sites. Each site has 15/30/50 AMP Full Hook Ups. Infrastructure surveys available for electrical, water system, and septic systems. Located just south of Midland with fast access to I-20, Wal Mart, Costco, as well as shopping and Downtown.
Investment highlights
- 65 RV Sites with 15/30/50 AMP Full Hook Ups
- Security Fence-Lighting-Cameras
- On Site Manger Apartment with Carport (Office Attached)
- Laundry Facilities and Wifi
- Conveys with storage buildings, bobcat, and ATV/Mule
- Long term cash flow
- High Occupancy
Listing Contacts
Haus Property Group
Listed by Haus Property Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$325,000.00
$27,083.33/mo
Valuation Metrics
0
DSCR
11.4%
Cap Rate
11.4%
ROI
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