Located in the charming Texas Hill Country city of Goldthwaite, this RV park has 52 full-hookup RV sites (30/50 amp), 8 cabins, 24 self-storage units, a 2,000-gallon propane tank, general store, laundry facility, and beautiful natural spring that could be made into a water feature. All utilities are city-serviced (electricity, water, sewer, trash).
This a rare, cash-flowing value-add investment opportunity. This RV park has stable operations, improving occupancy, and immediate cashflow. Upside exists through rate increases, utility bill-back, occupancy growth, and expansion of approximately 2 acres of cleared land. The T-12 NOI is approximately $140,500, making this a cash cow as-is, with tremendous upside through operational refinements alone. The list price includes the real estate, business operations, and equipment. Stable operations make this a perfect acquisition for an absentee owner or an investor looking to get into RV park investing.
Seller is prepared to work diligently with a serious buyer. To request additional information or set up a tour, please submit your buyer profile to: investors@althingproperties.com — Materials will gladly be provided upon buyer prequalification. At a minimum, please include detail on the buyer, the equity source, and list of relevant real estate owned, if any. Seller financing is not available.