19230 Morris AveManvel, TX 77578

For Sale
$6,900,000

Thriving RV resort, high occupancy, strong income.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a fully operational 52-lot RV resort situated on 35.951 acres in Manvel, Texas. Built in 2007 and renovated in 2023, the resort boasts a 91% occupancy rate (as of September 2024) with each lot currently leased at a competitive $550 per month. The property encompasses a substantial 1,566,026 square feet and enjoys excellent visibility and accessibility due to its prime location along Highway 6. The resort offers multiple revenue streams including RV lot rentals, water resort amenities (swimming, scuba diving, and swim classes), and equipment rentals. Furthermore, the property has the potential to expand by adding up to 36 more RV lots, significantly increasing revenue. Over $200,000 in furniture, fixtures, and equipment are included in the sale price of $6,900,000. This turnkey operation presents a rare opportunity to acquire a well-established and profitable business in a high-growth area. The resort's strong performance and expansion potential make it an attractive investment for discerning buyers seeking a stable and lucrative return. The address is 19230 Morris Ave, Manvel, TX 77578.

Highlights

  • Potential to add 35 RV lots, increasing annual revenue by $231,000.
  • Excellent highway visibility and accessibility on State Highway 6.
  • 52 RV lots currently leased at $550/month.
  • 91% occupancy rate (September 2024).
  • Multiple revenue streams: RV lot rentals, water resort amenities, and equipment rentals.
  • Over $200,000 in furniture, fixtures, and equipment (FF&E) included.

Property Details for 19230 Morris Ave

Property type
Multifamily properties, Mobile home & RV parks
Square Feet
1,566,026 SF
Year Built/Renovated
2007/2023
Lot Size (sq. ft)
1,566,026 SF
Units
52

Location Insight

City
Manvel
County
Brazoria
State
Texas
Latitude
29.4719691
Longitude
-95.3724415
19230 Morris Ave, Manvel, Texas

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19230 Morris Ave
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