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185 Mitchell Dr Spring Branch, TX 78070

Prime Spring Branch RV Park, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 5.02-acre mobile home park in Spring Branch, Texas, presents a compelling value-add investment opportunity. Located in Comal County, the property boasts 40 RV spaces, each with 30-amp and 50-amp service connections, and features granite paving. A rentable cabin and additional amenities, including a clubhouse and laundry room, further enhance the property's income potential. The park currently enjoys an average occupancy of 6-7 months, offering significant upside through rent increases, the addition of more rentable spaces (potentially 4-5 more), or the development of a tiny home community for longer-term leases. Its strategic location, just 0.37 miles from Highway 46 (19,866 vehicles daily) and 2.7 miles from Highway 281 (40,488 vehicles daily), provides exceptional visibility and accessibility. The property is zoned OCL and is situated near prominent retail centers in Bulverde, ensuring a strong customer base. This turnkey operation offers immediate income generation with substantial potential for future growth and profitability. The existing infrastructure includes an office with executive office suites. The opportunity to charge for laundry services further enhances the revenue stream. This is a rare chance to acquire a well-established, income-producing asset with significant upside potential in a thriving Texas market.

Highlights

  • Executive office suites available.
  • Average tenant lease term: 6-7 months.
  • Value-add potential: Increase rents, implement laundry charges, add rentable units, or develop a tiny home community.
  • 41 rentable spaces: 40 paved sites plus one cabin; potential to add 4-5 more spaces.
  • 30-amp and 50-amp electrical service at each site.
  • Prime location: 0.37 miles from Hwy 46 (19,866 VPD) and 2.7 miles from Hwy 281 (40,488 VPD).

Property Details for 185 Mitchell Dr

Property type
Mobile home & RV parks
Lot Size (sq. ft)
218,671 SF

Location Insight

City
Spring Branch
County
Comal
State
Texas
Latitude
29.8103664
Longitude
-98.3782642

FAQs

What type of property is this?
Mobile home & RV park - Prime Spring Branch RV Park, Value-Add Opportunity
Where is the mobile home & rv park located?
The property is located at 185 Mitchell Dr Spring Branch, TX.
What are key features of this property?
This property features: Executive office suites available.; Average tenant lease term: 6-7 months.; Value-add potential: Increase rents, implement laundry charges, add rentable units, or develop a tiny home community.
How can I contact the broker?
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185 Mitchell Dr
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