For Sale
$1,950,000

4909 Tucker Hill LnCedar Creek, TX 78612

Established RV park with high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a thriving 38-space RV park situated on approximately 4 acres in Cedar Creek, Texas, within Bastrop County. Priced at $1,950,000, this property boasts a strong 8.03% cap rate and a price per pad of $53,750. The park includes a furnished log cabin and a recently renovated 3-bedroom, 1-bathroom single-wide mobile home currently generating rental income via weekly room rentals. The location offers significant advantages, benefiting from proximity to the Austin metropolitan statistical area (MSA), Tesla, and other major employers including SpaceX/Boring Company, attracting a consistent base of workers in construction and related industries. The existing infrastructure provides a solid foundation for future growth, with potential to increase net operating income (NOI) through the development of additional RV pads and the addition of mini-storage units. Several park-owned homes are currently operating as Airbnbs, further enhancing revenue streams. This property is strategically located near the Travis and Bastrop county line, offering easy access to major transportation routes. This turnkey operation presents a compelling investment opportunity with significant upside potential.

Highlights

  • ±4-acre RV park with 38 spaces.
  • Significant NOI growth potential through adding RV pads and mini-storage units.
  • Multiple park-owned homes operate as Airbnbs, generating supplemental income.
  • Prime location near Austin MSA, Tesla, and other major employers, attracting a strong tenant base.
  • Includes a furnished log cabin and a renovated 3-bedroom, 1-bathroom single-wide mobile home generating rental income.
  • Conveniently located in Bastrop County, near the Travis County line, providing easy access to major transportation routes.

Property Details for 4909 Tucker Hill Ln

Property type
Mobile home & RV parks, Campgrounds
Lot Size (sq. ft)
174,240 SF
Units
38

Location Insight

City
Cedar Creek
County
Bastrop
State
Texas
Latitude
30.1813351
Longitude
-97.5227821
4909 Tucker Hill Ln, Cedar Creek, Texas

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4909 Tucker Hill Ln
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