Palm RV Park

29 Unit Mobile Home Park | $2,150,000 ($74,138/Unit) | 11.16% Cap Rate | Alvin, TX 77511

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,150,000

Property Type
Multifamily
Square Feet
51,314 SF

Listing Contacts

Austin Jones
Austin Jones
Verified Profile
  • Property Info

Property Overview

Seize the Ultimate Investment Opportunity! Profitable RV Park with Stunning Amenities in Alvin, TX
Introducing an exceptional real estate investment that is simply a cut above the rest! Nestled in the heart of Alvin, Texas, this extraordinary RV Park is a prime asset boasting 29 spacious pads (this includes 4 occupied RV’s to be conveyed to the buyer), 7 cabins and an array of recreational features that will undoubtedly set your financial portfolio soaring.
Property Overview 22 Pads: The backbone of this investment, offering various accommodation options for tenants. $650/mo All bills paid (some pay additional for electrical)
4 RV Spots: Perfect for the avid travelers seeking comfort and convenience.
9 Cozy Cabins: Providing a rustic retreat for those in search of tranquility. ($1,550/mo each) +$100 for utilities
A Beautiful House: Your private residence or an additional rental income source.
Laundry Room: A convenient amenity to keep your guests fresh and clean.
Workshop: Ideal for hobbyists and those seeking a place for hands-on projects.
Storage Shed & Shipping Containers: Ample space for equipment and goods.
10 Rental Storages: Generating steady income at your fingertips.
Financial Snapshot - Cap Rate: A remarkable 10% ensures strong returns on your investment. NOI: $299,750/Yr
Scenic Lake for Fishing - Unparalleled natural beauty awaits as your RV Park includes a picturesque lake, perfect for fishing and relaxation. Your guests can savor the serenity of Alvin's stunning landscape right on their doorstep.
Location, Location, Location - Alvin, Texas, offers the perfect blend of small-town charm and urban convenience. Located near the bustling city of Houston, this property enjoys a strategic location with ample opportunities for growth and investment.
This is your chance to become the proud owner of a thriving RV Park in the heart of Alvin, Texas. Whether you're a seasoned investor or just starting out, this property promises a winning combination of attractive returns and a scenic haven for all your guests.
Don't miss this golden opportunity to turn your real estate dreams into reality. Act now and schedule a viewing to experience the magic of this property for yourself! For inquiries or to schedule a showing, contact us today. Your investment future awaits!

Property Details

Class
C
Year Built
2020
Stories
1
Property Subtype
Manufactured Housing/Mobile Home
Lot Size (sq. ft)
121,968 SF
Units
29

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