115 Private Road 1301 - Apartments FOR SALE


Gladewater, TX 75647
$459,000 USD
713-320-9651
115 Private Road 1301, Gladewater, TX for Sale
$459,000 USD
Apartments - FOR SALE
1/9
null | 10.99% Cap Rate

115 Private Road 1301
Gladewater, TX 75647


HIGHLIGHTS

  • 15 total income-producing units
  • 12 long-term RV sites
  • Three-unit residential rental (triplex)
  • 100% occupied

OVERVIEW

Gulf Commercial Group is pleased to exclusively offer The Ranch RV Park & Rentals, a stabilized investment opportunity located in Gladewater, Texas, just minutes from US Highway 271 in East Texas. The property consists of 15 income-producing units, including 12 long-term RV sites and a three-unit residential rental (triplex) situated on approximately 2.88 acres. The diverse income stream provides investors with stable monthly cash flow while reducing reliance on any single tenant type. The property is currently 100% occupied and has been substantially renovated, making it an attractive turnkey investment. The park primarily serves long-term workforce tenants employed throughout the surrounding industrial, logistics, manufacturing, and service sectors, creating dependable occupancy and consistent recurring revenue. Unlike nightly campground operations, The Ranch benefits from predictable monthly rental income with lower turnover and reduced operating volatility. In addition to the existing improvements, investors have the opportunity to acquire approximately 3.71± adjacent acres (available separately) that contain the property's existing water well. The seller is willing to provide a temporary easement to facilitate conversion to municipal water, while also offering a right of first refusal on the adjoining property. This presents a compelling opportunity to expand the RV park, add additional sites, improve circulation, or create a secondary entrance. With an asking price of $459,000, the property offers an attractive 10.99% in-place cap rate with additional upside through market rent adjustments and future expansion potential.

FOR SALE DETAILS

PRICE

$459,000 USD

PRICE/SF

$181 USD /SF

# OF UNITS

-

CAP RATE

10.99%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Ranch RV Park & Rentals

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,453 SF

ZONING

-

APN/PARCEL ID

16801

ASK ABOUT THIS PROPERTY

Peter MeyerGulf Commercial BrokerageMore Info
713-320-9651

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Peter MeyerGulf Commercial BrokerageMore Info
713-320-9651

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.