Mobile Home Park Details

  • Cap Rate: 6.7%
  • Listing ID: 1709084
  • Posted On: Jul 8, 2022
  • Updated On: Nov 10, 2022

Description

Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire the Eagle Resorts RV & Storage, a long-term RV park inclusive of 102 RV sites and 39 RV Storage units across nearly 12 acres, just minutes from Eagle Mountain Lake and Lake Worth and is also 15 miles northwest of downtown Fort Worth, Texas.

The asking price for the park is $10,500,000 ($74,470/site).

The property is underwritten at a 6.7% cap rate on year 1 NOI.

This opportunity confidential. Please do not disturb or contact the Property Manager or Tenants at the Property.

For all questions, inquiries and tours, please reach out directly to Mike Nissley (mike.nissley@colliers.com) or Richard Knapp (richard.knapp@colliers.com) if you would like to tour or have any questions when conducting your due diligence.

Offering Site: https://www.crexi.com/properties/856861/texas-eagle-resorts-rv-storage

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Location

Offering Site: https://www.crexi.com/properties/856861/texas-eagle-resorts-rv-storage

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Total Occupancy: 100.0 %
Size: 12 acre(s)

RV Information

Number of RV Lots: 102

Utility Information

Water: Well
Sewer: Septic