22710 Fm 1995Lindale, TX 75771

Property Details for 22710 Fm 1995

Year built

2020

Lot size

15.46 AC

Property size (Sq ft)

120 SF

Property type

Warehouses

Property subtype

Self storage facilities

APN

1-00000-0861-00-005020

APU

100000086100005020

Description

Exceptional investment opportunity: This 65-pad RV resort, built in 2022, boasts a 9.39% cap rate and a strong NOI of $150,186. Situated on 7.7 acres in Lindale, Texas, this property offers a prime location directly across from the anticipated Pine Ranch Country Club and residential development, ensuring future growth potential. Currently operating at 54% occupancy, this RV park presents significant upside for increased revenue. The property is conveniently located approximately one hour from Dallas and 20 minutes from Tyler, offering easy access to major metropolitan areas. Modern amenities include a swimming pool, fitness center, laundry facilities, and a dog park, enhancing the appeal to residents. The resort operates on city water and septic sewer, ensuring reliable infrastructure. This turnkey operation is ideal for owner-users seeking a profitable and well-maintained investment in a rapidly developing area. The property's strong financial performance, coupled with its desirable location and amenities, makes it a compelling investment opportunity. The 2022 construction ensures modern facilities and minimal immediate maintenance needs. This is a rare chance to acquire a thriving RV park with significant growth potential in a high-demand market.

Location Insight

City

Lindale

County

Smith

State

Texas

Latitude

32.4891

Longitude

-95.5501

CBSA code

46340

CBSA name

TYLER, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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