
- Price:
- $1,700,000
- No. Spaces:
- 180
- Price/Space:
- $9,444.44
- Property Type:
- Multifamily
- Property Sub-Type:
- Mobile Home/RV Community
- Property Use Type:
- Investment
- Commission Split:
- 3%
- Cap Rate:
- 8.40%
- Gross Rent Multiplier:
- 4.31
- Lot Size:
- 15 AC
Crockett Resort
75 Dogwood Lane West, Crockett, TX 75835
Description
Crockett Family Resort is conveniently located on approximately +/- 15 acres, between Houston and Dallas on Houston County Lake, which is well known for their trophy size bass. This resort offers excellent potential for upside, additional land for expansion and has the only marina on the lake.
The park has 116 RV sites, 9 of which are tent sites, 31 rental units, 23 boat slips, two recreational halls, pavilion, restaurant and approximately 550 feet of shoreline property on 1,600 acre Lake Houston County Lake with a roped off swimming area.
The RV sites range from 12-15 feet wide to 30 feet long and the larger ones ranging from 20-30 feet wide to 50 feet long. 21 of the sites have been upgraded to 50 amp service, the rest are 20/30/50 amp full hook-ups and 21 of the 20/30/50amp sites have new electrical boxes.
The property amenities and other profit centers include boat rentals, bait station, mini-golf 2 acre activity center, on-site convenient store and much more. There is also a restaurant that could be utilized by a new owner or leased out for additional income.
Water is supplied from Consolidate Water Corp,has 4 septic systems and 1 aerobic system.
Crockett Family Resort is conveneniently located between Houston and Dallas on Houston County Lake.