3124 Fm 2673Canyon Lake, TX 78133

For Sale
$3,200,000

Texas RV Park & Storage - High ROI

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Canyon Lake, Texas investment opportunity encompasses a thriving 3.288-acre mixed-use property featuring 48 units, including 11 full hook-up RV spaces, 34 boat storage units, and a small cottage. Six buildings, totaling 15,348 square feet, sit on this commercially and residentially zoned land. The property boasts 2,250 square feet of net rentable space, currently generating a NOI of $114,500 and a 3.58% cap rate, with an asking price of $3,200,000 ($208.50/sq ft). Fifteen parking spaces are available, and a warehouse with an existing lease adds to the income stream. Located at 3124 FM 2673, Canyon Lake, TX 78133 (APN 500800001400), this property presents a compelling opportunity for investors seeking a diversified portfolio in the desirable Texas Hill Country. The property's prime location and diverse revenue streams make it an attractive investment with significant potential for growth. The existing infrastructure and established tenant base provide immediate cash flow, while the ample land offers possibilities for future expansion. This turnkey operation is ready for a new owner to capitalize on its established success and further enhance its profitability.

Highlights

  • Thriving 3.288-acre mixed-use property in Canyon Lake, TX.
  • 48 units total: 11 RV spaces, 34 boat storage units, and a small cottage.
  • Six buildings totaling 15,348 square feet on commercially and residentially zoned land.
  • $114,500 NOI, 3.58% cap rate, $3,200,000 asking price ($208.50/sq ft).
  • 2,250 square feet of net rentable space, plus 15 parking spaces and a leased warehouse.

Property Details for 3124 Fm 2673

Property type
Multifamily properties, Mobile home & RV parks
Square Feet
15,348 SF
Buildings
6
Stories
1
Lot Size (sq. ft)
143,225 SF
Units
48

Location Insight

City
Canyon Lake
County
Comal
State
Texas
Latitude
29.8441849
Longitude
-98.1957434
3124 Fm 2673, Canyon Lake, Texas

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3124 Fm 2673
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