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420 N Business Ih 35 - River Ranch RV Resort
1,200 SF Specialty Building Offered at $3,200,000 USD at a 6.71% Cap Rate in New Braunfels, TX 78130
Investment Highlights
- DIVERSE SITE OPTIONS
- COMPREHENSIVE AMENITIES AND PET-FRIENDLY POLICY
- MAIN OFFICE & COMMUNITY GATHERING
- FLEXIBLE RATES AND DISCOUNTS
- PRIME LOCATION IN TEXAS HILL COUNTRY
- MANAGERS RESIDENCE
Executive Summary
Nestled at 420 N Business IH 35, New Braunfels, TX 78130, River Ranch RV Resort is a prime destination within the Comal County submarket. The resort is situated in a rapidly growing area, with a projected 5-year population growth of +15%, indicating a vibrant and expanding community. Strategically located near I-35, which sees over 140,000 vehicles daily, the resort benefits from high visibility and easy accessibility, making it an attractive stop for travelers.
In its immediate vicinity, River Ranch RV Resort is surrounded by a dense population of over 73,000 residents within a 3-mile radius, ensuring a steady stream of potential visitors. The property features 53 RV spaces, offering a mix of back-in and pull-through spaces to accommodate a variety of RV sizes and preferences. Additionally, the resort boasts a clubhouse complete with an apartment unit and well-maintained men's and women's restrooms and showers, enhancing the comfort and convenience of guests' stays.
While the property does sit inside the 500-year flood plain, its strategic location and comprehensive amenities make it an appealing choice for RV enthusiasts seeking a blend of convenience and comfort in the heart of Texas.
In its immediate vicinity, River Ranch RV Resort is surrounded by a dense population of over 73,000 residents within a 3-mile radius, ensuring a steady stream of potential visitors. The property features 53 RV spaces, offering a mix of back-in and pull-through spaces to accommodate a variety of RV sizes and preferences. Additionally, the resort boasts a clubhouse complete with an apartment unit and well-maintained men's and women's restrooms and showers, enhancing the comfort and convenience of guests' stays.
While the property does sit inside the 500-year flood plain, its strategic location and comprehensive amenities make it an appealing choice for RV enthusiasts seeking a blend of convenience and comfort in the heart of Texas.
Property Facts
Price | $3,200,000 USD | Building Class | C |
Price Per SF | $2,667 USD | Lot Size | 2.52 AC |
Sale Type | Investment | Building Size | 1,200 SF |
Cap Rate | 6.71% | No. Stories | 2 |
Property Type | Specialty | Year Built | 1984 |
Property Subtype | Trailer/Camper Park |
Price | $3,200,000 USD |
Price Per SF | $2,667 USD |
Sale Type | Investment |
Cap Rate | 6.71% |
Property Type | Specialty |
Property Subtype | Trailer/Camper Park |
Building Class | C |
Lot Size | 2.52 AC |
Building Size | 1,200 SF |
No. Stories | 2 |
Year Built | 1984 |
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PROPERTY TAXES
Parcel Number | 45-0751-0001-00 | Improvements Assessment | $436,840 USD |
Land Assessment | $1,088,990 USD | Total Assessment | $1,525,830 USD |
PROPERTY TAXES
Parcel Number
45-0751-0001-00
Land Assessment
$1,088,990 USD
Improvements Assessment
$436,840 USD
Total Assessment
$1,525,830 USD
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420 N Business Ih 35 - River Ranch RV Resort
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