301 W Bell St - Manufactured Housing/Mobile Housing FOR SALE


Stanton, TX 79782
$5,400,000 USD
432-688-8200
301 W Bell St, Stanton, TX for Sale
$5,400,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/59
null | Request Cap Rate

301 W Bell St
Stanton, TX 79782


OVERVIEW

This May Be The Best Investment in West Texas a 48 Acre Full RV Park On City Water & Sewer w/ So Many Amenities. Lets Dive into this First with a bit of History: The 9-hole "Phoenix" Course Opened in 1968 aka Martin County Country Club Golf Club has an onsite driving range with 3 practice Greens, still in good shape for Park Tenants. It has a Dirt Racetrack as Well with Raised Sidewalls to get that extra push. There is an Ocean of Water Underneath at the Height of Martin Co Oil Boom Water was purchased from Park at $25,000-$40,000 a day, The Owner has designed & moved Dirt for a Lazy River, Launch Pad, & Pond. So The Actual RV Park Sits on 16.5 Acres w/ Sparkling Cement Inground Pool, Washateria / Laundry Room, County Maintained Softball / Baseball Field, Tommy Walker Memorial Hiking / Walking Park, Lounge, Management Office, Cart barns, Lockers, & a Great Entertainment Clubhouse (Currently being used by Owner). The Park has 111 Spots @ $750 & 8 Executive Spots @ $850 (These have a Yard). With Plenty of Room to Expand. Also Comes with a 3 / 2 Bath Remodeled Owners Mobile Home. This Place Would be a Serious Value Add. Property Overview • Total Land: 48 acres • RV Park Size: 16.5 acres (developed rv spaces) • Location: 301 W Bell St, Stanton, TX 79782 (Between Big Spring & Midland in the heart of the Permian Basin) • Website: permianbasinrvpark.com Current RV Park (16.5 Acres) • 111 Standard Sites @ $750/month • 8 Executive Sites (w/ yard) @ $850/month • Total Monthly Revenue (at 100% occupancy): (111 × $750) + (8 × $850) = $83,250 + $6,800 = **$90,050/month** ? $1,080,600/year (gross) Current RV Park (16.5 Acres) • 111 Standard Sites @ $750/month • 8 Executive Sites (w/ yard) @ $850/month • All sites include: • 30/50-amp full hookups • City water & sewer • High-speed fiber Wi-Fi • 100+ HD satellite TV channels • Free laundry access Key Amenities (All Included in Rent) Sparkling in-ground cement pool Washateria / Laundry room (free) County-maintained softball/baseball field Tommy Walker Memorial Hiking/Walking Park Entertainment clubhouse (currently owner-used) On-site management office + 24/7 staff Cart barns & lockers Additional Highlights 1. 9-Hole Golf Course (“Phoenix” – est. 1968) On-site driving range + 3 practice greens Still operational for tenants Huge upside: Reactivate as revenue stream (greens fees, memberships) 2. Dirt Racetrack with raised sidewalls Ready for events (motocross, truck pulls, etc.) 3. Water Rights / Infrastructure • Massive aquifer below property • Historical sales: $25K–$40K/day during oil boom • Pre-designed lazy river, pond, and launch pad (dirt moved) 4. Expansion Land: ~31.5 acres undeveloped • Room for 100+ additional RV sites, cabins, glamping, etc. 5. Owner’s Residence: 3-bed / 2-bath remodeled mobile home (included) Smart Investment Oilfield proximity ? steady long-term demand City utilities (rare for rural RV parks) Fully amenitized (no add-on fees = higher retention) Multiple revenue streams possible: • Golf reactivation Water sales (oilfield) • Event hosting (race track, clubhouse) Expansion (Phase 2 sites) • Owner & Manager live on-site ? tight operations

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$348 USD /SF

# OF UNITS

119

PRICE/UNIT

$45,378

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RV Park for Sale !

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

48 AC

LAND SF

2,090,880 SF

ZONING

-

APN/PARCEL ID

-

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Thomas JohnstonReal Estate RanchMore Info
432-688-8200

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Thomas JohnstonReal Estate RanchMore Info
432-688-8200

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