For Sale
$2,625,000

5640 Twin Buttes Marina Park Rd San Angelo, TX 76904

Prime RV Park Investment: High Occupancy, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
133
Exceptional investment opportunity: This Class A, 51-unit RV park in San Angelo, Texas, boasts 400,000 square feet of rentable space on a 10-acre lot. Built in 2020, the property features 51 pads with 90% occupancy (as of February 3, 2020), generating a strong NOI of $305,000 and a 11.62% cap rate. The asking price is $2,625,000, translating to $6.03 per square foot and $51,000 per unit. Located at 5640 Twin Buttes Marina Park Rd, San Angelo, TX 76904, this stabilized commercial investment is conveniently situated near major amenities including Sam's Club, HEB, Walmart, and Chic-Fil-A, and just one minute from Lake Twin Buttes. The property is zoned commercial and benefits from its proximity to 15,000 acres of public recreation land. The single-story building offers ample parking (51 spaces) and requires minimal staffing. This turnkey operation presents a rare chance to acquire a high-performing asset with significant upside potential. The land value alone is estimated at $65,000 per acre. This is a truly exceptional opportunity for a discerning investor.

Highlights

  • $2,625,000 asking price for this stabilized Class A RV park investment.
  • 51-unit RV park with 400,000 square feet of rentable space on a 10-acre lot in San Angelo, Texas.
  • Strong 11.62% cap rate and 90% occupancy.
  • $305,000 Net Operating Income (NOI).
  • Built in 2020, this property offers 51 parking spaces and is conveniently located near major amenities.

Property Details for 5640 Twin Buttes Marina Park Rd

Property type
Mobile home & RV parks, Campgrounds
Square Feet
435,000 SF
Class
A
Year Built
2020
Buildings
1
Stories
1
Lot Size (sq. ft)
435,600 SF
Units
51

Location Insight

City
San Angelo
County
Tom Green
State
Texas
Latitude
31.39993027
Longitude
-100.56274773

FAQs

What type of property is this?
Mobile home & RV park - Prime RV Park Investment: High Occupancy, Strong NOI
Where is the mobile home & rv park located?
The property is located at 5640 Twin Buttes Marina Park Rd San Angelo, TX.
What is the asking price?
The asking price for this property is $2,625,000.
What are key features of this property?
This property features: $2,625,000 asking price for this stabilized Class A RV park investment.; 51-unit RV park with 400,000 square feet of rentable space on a 10-acre lot in San Angelo, Texas.; Strong 11.62% cap rate and 90% occupancy.
How can I contact the broker?
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5640 Twin Buttes Marina Park Rd
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