321 FM 2090 Rd E - Manufactured Housing/Mobile Housing FOR SALE


Splendora, TX 77372
$375,000 USD
864-266-1213
321 FM 2090 Rd E, Splendora, TX for Sale
$375,000 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/17
null | 10.75% Cap Rate

321 FM 2090 Rd E
Splendora, TX 77372


HIGHLIGHTS

  • 13 spacious RV sites, each site is equipped with full hookups, including water, sewer, and 30/50 amp electrical connections.
  • The site has an established tenant base, a benefit from a reliable and consistent rental income with the existing tenants.
  • Located in Splendora, Texas, this park enjoys easy access to major highways, local amenities, and the expanding Houston metropolitan area.
  • This is a well-maintained infrastructure as the park features a functional layout with well-maintained utilities and grounds.
  • Splendora and the surrounding Montgomery County area is experiencing rapid growth, increasing demand for RV spaces.
  • The site has low maintenance, designed for ease of operation and minimizing owner involvement.

OVERVIEW

ThisIsLivin Properties proudly presents the investment opportunity of the thriving 13-space RV park in Splendora, TX, to the market. Unlock the potential of this well-established 13-space RV park, ideally situated in the rapidly growing community of Splendora. This turnkey operation presents a fantastic opportunity for investors seeking a steady income stream in a high-demand market. There are 13 spacious RV sites, each equipped with full hookups, including water, sewer, and 30/50 amp electrical connections, catering to a wide range of RV sizes. A well-established tenant base benefits from a reliable and consistent rental income with existing tenants. Located in Splendora, TX, this park is easily accessible to major highways, local amenities, and the expanding Houston metropolitan area. This is a well-maintained infrastructure, as the park features a functional layout with well-maintained utilities and grounds. Splendora and the surrounding Montgomery County area are experiencing rapid growth and increasing demand for RV spaces. The site has low maintenance, is designed for ease of operation, and minimizes owner involvement. The lots are individually metered, providing for flexible business models. This RV park offers a solid investment opportunity with immediate cash flow. The growing demand for RV spaces in the area and the park's established reputation ensure a stable and profitable venture. 321 FM 2090 Road is very near Houston, enabling convenient access to the greater Houston area's employment and entertainment opportunities. Nearby lakes, parks, and recreational activities offer plenty of outdoor recreation. Local amenities include being close to shopping, dining, and essential services in Splendora, a fast-growing community with increasing property values. Don't miss out on this exceptional opportunity to own a thriving RV park in a prime Texas location. Reach out to us today to schedule a showing and explore the potential of this lucrative investment. An assumable loan at a 5.5% interest rate is available.

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$13 USD /SF

# OF UNITS

13

PRICE/UNIT

$28,846

CAP RATE

10.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Plum Grove RV Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

ADD'L SUBTYPES

Storefront Retail/Residential, Apartments, Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

-

APN/PARCEL ID

007130-000043-000

ASK ABOUT THIS PROPERTY

William MarshallThisIsLivin PropertiesMore Info
864-266-1213

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William MarshallThisIsLivin PropertiesMore Info
864-266-1213

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