Property History
Property Type
Property Type
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
Financial History
Tax History
Contact Information
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Ownership Information
Property Details
Contacts
Map
Comparable Properties
Rental Market Overview
This rental data is based on the nearest market to this property: Conroe, TX.
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Conroe, TX (nearest market)
Willis, TX
Splendora, TX

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