2012 Fisher St - Manufactured Housing/Mobile Housing FOR SALE


Goldthwaite, TX 76844
$1,300,000 USD
806-730-1353
2012 Fisher St, Goldthwaite, TX for Sale
$1,300,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/16
null | 10.81% Cap Rate

2012 Fisher St
Goldthwaite, TX 76844


HIGHLIGHTS

  • City Utilities
  • Diversified Revenue Streams
  • Low Operating Costs
  • Expansion Land
  • Immediate Cash Flow
  • Stable Operations

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$20 USD /SF

# OF UNITS

52

PRICE/UNIT

$25,000

CAP RATE

10.81%

% LEASED

65%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eagle's Nest Village RV & Storage

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.4 AC

LAND SF

453,024 SF

ZONING

No Zoning

APN/PARCEL ID

R000002567,R000010380

ASK ABOUT THIS PROPERTY

Landon ColeAlthing PropertiesMore Info
806-730-1353

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Landon ColeAlthing PropertiesMore Info
806-730-1353

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