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221 N Palmetto Ave - Hidden Oaks RV Resort (Lamar/Rockport, TX) 1,100 SF Specialty Building Offered at $1,400,000 at a 3.47% Cap Rate in Rockport, TX 78382
INVESTMENT HIGHLIGHTS
- PROXIMITY TO MAJOR ATTRACTIONS
- AMENETIES AND FACILITIES
- RENTAL GROWTH OPPORTUNITIES
EXECUTIVE SUMMARY
Welcome to Hidden Oaks RV Park This fully stabilized serene RV Park is located right next to Goose Island State Park. With 60 RV Sites currently at the park the property has the financial history to support strong return on cash now with value-add upside for the future. The fully furnished RV Park caters to an array of long-term guest profiles and offers opportunities to collect more cash flow from other revenue streams.
PROPERTY FACTS
| Price | $1,400,000 | Building Class | C |
| Price Per SF | $1,272.73 | Lot Size | 6.18 AC |
| Sale Type | Investment | Building Size | 1,100 SF |
| Cap Rate | 3.47% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2007 |
| Property Subtype | Trailer/Camper Park | Opportunity Zone |
Yes
|
| Price | $1,400,000 |
| Price Per SF | $1,272.73 |
| Sale Type | Investment |
| Cap Rate | 3.47% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 6.18 AC |
| Building Size | 1,100 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Opportunity Zone |
Yes |
AMENITIES
- Property Manager on Site
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | R54405 | Improvements Assessment | $539,500 |
| Land Assessment | $336,500 | Total Assessment | $876,000 |
PROPERTY TAXES
Parcel Number
R54405
Land Assessment
$336,500
Improvements Assessment
$539,500
Total Assessment
$876,000
ZONING
| Zoning Code | n/a |
| n/a |
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221 N Palmetto Ave - Hidden Oaks RV Resort (Lamar/Rockport, TX)
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