820 Forest View Dr - Manufactured Housing/Mobile Housing FOR SALE


Blanco, TX 78606
$589,900 USD
855-450-0442
820 Forest View Dr, Blanco, TX for Sale
$589,900 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/47
null | 9.2% Cap Rate

820 Forest View Dr
Blanco, TX 78606


HIGHLIGHTS

  • Hill country location. Area with high need for rentals.
  • 30 minutes from Bulverde (HEB PLUS, WALMART, ACADEMY, ETC) & WIMBERLEY
  • 15 minutes from Blanco, & Canyon Lake.

OVERVIEW

Incredible Investment potential! This outstanding 6-acre income-producing property is fully prepped for your dream RV park! It includes a turnkey, well taken care of, manufactured home, 8 RV slips with electrical, water, and septic hookups, and room for expansion. The property features two septic tanks, a well/pump house, a fully equipped and up-to-date electrical system, road base parking pads, and a circular drive. Guests will appreciate the 10x14 laundry building with hookups for two washers and two dryers. Currently, 7 of the 8 RV slips have RVs parked ready to rent, with 4 of those RVs currently rented to tenants. 6 RVs of those are owned by the seller and can convey with the sale. The manufactured home is vacant and listed for rent, offering even more income potential. With plenty of space to add more RV slips and hookups, this property is a rare opportunity to grow your investment. Ideally located in the Hill Country, near the rapidly expanding Blanco, TX, and just a short drive to Canyon Lake, Wimberley, the Guadalupe River, and Blanco State Park-a prime location for recreation and rental demand. Don't miss out on this exceptional investment-schedule a showing today! The property currently operates under Blanco County's 'family compound' designation, following extensive efforts by the owner to establish it as an RV park business. Despite nearing completion of county requirements, unforeseen financial setbacks led to the decision to sell, presenting a prime investment opportunity. Remaining tasks for buyers to complete should they decide to continue lucrative RV park use after closing... include finalizing water infrastructure per fire marshal guidelines ($19,572.10) and constructing a paved circle driveway as per TXDOT specifications (buyer to obtain quote). With these updates, the property is poised for immediate operational status, aligning with Blanco County's regulatory framework. [[Keep in mind these items do not have to be done in order to sell, these are what are recommended be done in order to be compliant with Blanco county business guidelines.]] For serious investors, my client can provide direct contact with the county precinct commissioner involved, streamlining the compliance process. Presently, occupancy is maintained through word-of-mouth leasing, underscoring potential for increased revenue through online marketing.

FOR SALE DETAILS

PRICE

$589,900 USD

PRICE/SF

$485 USD /SF

# OF UNITS

10

PRICE/UNIT

$58,990

CAP RATE

9.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Forest View RV Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.02 AC

LAND SF

262,231 SF

ZONING

NONE

APN/PARCEL ID

R1111

ASK ABOUT THIS PROPERTY

Chelsea EvansReal Broker, LLCMore Info
855-450-0442

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Chelsea EvansReal Broker, LLCMore Info
855-450-0442

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