1359 Hwy 80 Somewhere River
Mineola, TX 75773
MLS ID# 20524491 Active
Multiple Single Units
$1,100,000
Details for 1359 Hwy 80 Somewhere River, Mineola TX 75773
RV Park investment opportunity in East Texas, strategically located on Highway 80 with great highway frontage. Originally a 34 site park all individually metered on city water and septic. Just completed construction of 15 new concrete sites. All long-term guests, workforce and retirees, on-site management. Park was recently acquired and the current owner has added the new sites. Professionally managed with Camspot management software Value Add opportunity: increase short-term and overnight stays, bill back utilities and rent out the apartment and contractor garage. Charge higher rates for new concrete sites. Possibility to add signage for additional revenue. -49 total RV sites, individually metered (15 brand new concrete sites) -Club house with bathrooms and showers -Office building -Laundry facility -Apartment and contractor garage building
Features and Details
- Category Multi-Family
- Type Multiple Single Units
- Area/Neighborhood
- County Wood
- Acreage 7 Acres
- MLS ID# 20524491
- Year Built 2007
- Garage Capacity 0
- Living Area 0 sqft
- Room Name Size
- Complex Name
- Mineola RV Park
- Construction
- Other, Metal, Other
- Heating/Cooling
- None, None
- AccessibilityFeatures
- Accessible Approach with Ramp
- Association Fee
- None
- Flooring
- Other
- Interior Features
- Other
- Parking
- Other
- Utilities
- City Water, Electricity Connected, Septic
- Year Built
- 2007, Preowned
- Gross Annual Expenses
- 44000.00
- Gross Annual Income
- 144000.00
- Net Operation Income
- 100000
- # of Buildings
- 3