2089 FM 2131 - Specialty FOR SALE


Coleman, TX 76834
$500,000 USD
817-437-1175
2089 FM 2131, Coleman, TX for Sale
$500,000 USD
Specialty - FOR SALE
1/12
null | Request Cap Rate

2089 FM 2131
Coleman, TX 76834


HIGHLIGHTS

  • on the route between multiple major TX cities - capitalize on families traveling to visit college students at TX universities
  • located near two main hunting areas
  • affordable housing option for long term renters
  • dog friendly and offers free wifi service

OVERVIEW

This property is located at the intersection of Hwy 67 and Shields Hwy/Guadalupe St, just outside the city limits, offering a prime investment opportunity. Spanning 2 acres, the site features 20 RV sites, each equipped with 30 & 50 amp service, along with 110-volt outlets. The property is serviced by city water and a newly installed septic system. Currently, the owner charges $400 per month per site with all bills paid, and 7 of the 20 spots are occupied by full-time renters, one of whom serves as the on-site property manager. As a result, rent is only collected for 6 spots. The on-site building, which currently houses a laundry facility, is ready for further development to increase its potential. With a current monthly rental income of $2,400 at 30% occupancy and monthly expenses ranging from $1,000 to $1,200 (depending on electric and water usage), this property presents a solid foundation for growth and a lucrative opportunity for an investor.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$628 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Rustic RV Park

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

R13387

ASK ABOUT THIS PROPERTY

Rachelle CooperCrest PropertiesMore Info
817-437-1175

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Rachelle CooperCrest PropertiesMore Info
817-437-1175

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.