1185 Tx-337Mineral Wells, TX 76067

Property Details for 1185 Tx-337

Year built

2

Lot size

15.50 AC

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

This exceptional Class A RV park presents a compelling investment opportunity in Mineral Wells, Texas. Situated on 15.5 acres at 1185 TX-337, this property boasts 73 RV pads and a newly constructed (2022) single-story building encompassing amenities such as showers, restrooms, and laundry facilities. The building is also prepped for a full kitchen, offering significant expansion potential. Currently operating at 45% occupancy, this stabilized investment offers substantial upside. The asking price is $1,875,000, translating to an attractive price per unit of $25,684.93. The park is conveniently located just west of Mineral Wells, near the historic Barker Hotel, and enjoys the benefit of city water despite being outside city limits. This turnkey operation is ideal for an investor seeking immediate cash flow and long-term growth in a desirable Texas location. The property's size and existing infrastructure provide a solid foundation for future development and increased profitability. The 2022 construction ensures modern facilities and minimal maintenance needs. This is a rare opportunity to acquire a well-positioned, high-growth potential RV park in a thriving market. Don't miss out on this chance to add a valuable asset to your portfolio.

Location Insight

City

Mineral Wells

County

Palo Pinto

State

Texas

Latitude

32.8154

Longitude

-98.1594

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