1185 Tx-337Mineral Wells, TX 76067

For Sale
$1,875,000

Texas RV Park - 73 Sites, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A RV park presents a compelling investment opportunity in Mineral Wells, Texas. Situated on 15.5 acres at 1185 TX-337, this property boasts 73 RV pads and a newly constructed (2022) single-story building encompassing amenities such as showers, restrooms, and laundry facilities. The building is also prepped for a full kitchen, offering significant expansion potential. Currently operating at 45% occupancy, this stabilized investment offers substantial upside. The asking price is $1,875,000, translating to an attractive price per unit of $25,684.93. The park is conveniently located just west of Mineral Wells, near the historic Barker Hotel, and enjoys the benefit of city water despite being outside city limits. This turnkey operation is ideal for an investor seeking immediate cash flow and long-term growth in a desirable Texas location. The property's size and existing infrastructure provide a solid foundation for future development and increased profitability. The 2022 construction ensures modern facilities and minimal maintenance needs. This is a rare opportunity to acquire a well-positioned, high-growth potential RV park in a thriving market. Don't miss out on this chance to add a valuable asset to your portfolio.

Highlights

  • $1,875,000 asking price for a stabilized Class A RV park.
  • 73 units/pads on 15.5 acres in Mineral Wells, TX.
  • 45% occupancy.
  • Built in 2022 with one building, offering amenities including showers, restrooms, and laundry.
  • $25,684.93 per unit.

Property Details for 1185 Tx-337

Property type
Multifamily properties, Mobile home & RV parks
Class
A
Year Built
2
Buildings
1
Stories
1
Lot Size (sq. ft)
675,180 SF
Units
73

Location Insight

City
Mineral Wells
County
Palo Pinto
State
Texas
Latitude
32.8153689
Longitude
-98.1593741
1185 Tx-337, Mineral Wells, Texas

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1185 Tx-337
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