
- Price:
- $1,400,000
- No. Spaces:
- 44
- Price/Space:
- $31,818.18
- Property Type:
- Multifamily
- Property Sub-Type:
- Mobile Home/RV Community
- Property Use Type:
- Investment
- Cap Rate:
- 9.99%
- Occupancy:
- 95%
- Lot Size:
- 3.96 AC
Bay City Holiday RV Park
1803 Horn Rd, Bay City, TX 77414
Description
Bay City RV Park has recently been built and is the cleanest park in the area with full concrete drives, concrete pads and well lit facility! The park is located in Bay City, Texas just minutes away from local restaurants, grocery stores, shopping and all of your family needs. Bay City RV Park is about not too far from Houston or Corpus. The park is fully fenced with a peaceful atmosphere that residents enjoy all the comforts of being in a convenient, quiet city setting.
Bay City RV Park has maintained a 95% occupancy, but is currently at 100% with a waiting list and low rents for the area. The park currently consists of 44 current sites with potential for 4 more, 3 laundry mats with room to build more and they are the cleanest in town. The local residents come to the property to use the Laundromat. The Park also offers a clean, attractive office facility as you drive in to welcome new tenants.
This Park is clean, well occupied and has upside in increasing more spaces and raising the rents. Please call for more details. Owners wanting to retire!
Bay City RV Park is located just outside of Bay City, Texas. The park is in close proximity to all Bay City has to offer, including shopping, malls retail center, local churches, the town square, restaurants and all of you family's needs.