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9510 S WILLIAMS RD Conroe TX 77303-4270

[Locked] • APN 51248

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Details
Property Type Hospitality, Land (+2)
Building SqFt 4,585
Lot SqFt 346,738
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price per Acre ******
Zoning Code 1
Year Built 2005
Building Count 7
Opportunity Zone Yes
Mortgage Amount ******
Mortgage Term ******
Interest Rate ******
Mortgage Recording Date ******

Property History

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Property Type
Property Type
Hospitality, Land, Special Purpose, Mobile Home Park
Marketing Description

Colliers Manufactured Housing & RV Group is pleased to offer the opportunity to acquire the Conroe RV Portfolio, a 108-site Portfolio across 2 parks and almost ±17 acres, located in Conroe, Texas.​ The portfolio includes 105 sites, 2 park models, (1) - 3 Bedroom/2.5 Bathroom house and 4,000 SF in storage units.​

The Asking Price for the property is $3,800,000 ($35,200/site) | REDUCED PRICE | MOTIVATED SELLER


  • Brand New (2021) constructed swimming pool & horseshoe court
  • All new central A/C installed in shower/laundry/restroom facilities
  • Both RV parks are new with no deferred maintenance, built in 2014 and 2019.​
  • Significant upside by improving marketing and signage to drive traffic to the parks.​
  • Turn-key investment in the fast-growing Houston MSA with ability to increase revenue by improving operations
  • Significantly lower rents than nearby Class A parks, leaving room for capital improvements to increase resident appeal and command higher rents


FOR SEPTEMBER 2021 OFFERING MEMORANDUM PLEASE SEE DUE DILIGENCE FOLDER

Investment Highlights
  • Brand New (2021) constructed swimming pool
  • All new central A/C installed in the guest facilities
  • Public Water/Private Septic Utilities
  • Located in Opportunity Zones
  • High demand locations near Lake Conroe
  • Upside of incorporating park-models or tiny houses (currently 2 park-models)
  • Opportunity to improve marketing and increase occupancy and overall revenue
  • Supply/Demand imbalance in the region’s RV market

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
MN
Michael Nissley PRO
•••.•••.1588
••••.•••sley@••••••••.com
Brokerage logo
Listing removed on
 BY:
RK
Richard Knapp
•••.•••.7910
•••••••.•napp@••••••••.com
Brokerage logo

Map

Comparable Properties

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Rental Market Overview

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This rental data is based on the nearest market to this property: Conroe, TX.
Conroe, TX median rent ********
***  ****** **** *** ******** ***
National median ********
Compare median rents across markets
Conroe, TX (nearest market)
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Studio ******** 1 bed ******** 2 bed ********
Data provided byDwellsy IQ
*All information is deemed reliable but not guaranteed.
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