Double Heart Ranch & RV Park
111-sites with below-market rents, expansion potential, and flexible seller financing.
Marketing description
To download the offering memorandum and financials, click View OM or Due Diligence. You will be prompted to sign a confidentiality agreement. Once completed, you will be able to immediately download the information. For any questions or concerns, please contact Devon Yules.
The MHP Value Team is pleased to present the opportunity to acquire Double Heart Ranch & RV Park, a 111-site RV community located in Jasper, Texas. This property is being offered with attractive seller financing terms of 40% down payment, 6% interest, and a 5-year term with a balloon payment at maturity, providing investors with flexible acquisition financing.
The property consists of 111 full-hookup RV sites situated on approximately 19.5 acres, offering a mix of monthly and transient accommodations. Current rental rates range from $375 per month for standard sites, $475 per month for concrete sites, and $675 per month for canopy sites, with nightly rates of $30. The community also features a park-owned laundry facility and washrooms, while all utilities and complimentary Wi-Fi are included in tenant rents, providing a convenient living experience supported by established infrastructure.
The investment strategy focuses on increasing occupancy while gradually bringing monthly lot rents closer to the estimated $500 per month market rate. In addition to rental upside, the property includes approximately 5 to 6 acres of expansion land, providing the opportunity to develop additional RV sites and further increase revenue.
Double Heart Ranch & RV Park offers investors the opportunity to acquire a large, established RV community with multiple value-add opportunities through occupancy growth, rental rate optimization, and future expansion, all supported by flexible seller financing.
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Investment highlights
- 111-site RV community on approximately 19.5 acres with full-hookup sites, providing an established operating platform with multiple revenue streams.
- Significant value-add potential through increasing occupancy and bringing current rents closer to the estimated $500/month market rate for standard sites.
- Approximately 5–6 acres of expansion land, providing the opportunity to add additional RV sites and increase future revenue.
- Attractive seller financing available with 40% down, 6% interest, and a 5-year term, offering buyers flexible acquisition terms.
- Established amenities including a park owned washer facility and washrooms. On-site management supporting streamlined day-to-day operations and a smooth transition for a new owner.
- The property also includes a 1,600-square-foot, 1-bedroom, 1-bathroom home. The seller estimates it could rent for approximately $1,200 per month. It is currently occupied rent-free by the on-site manager, providing an opportunity to generate additional rental income or continue using it as manager housing.
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