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

Located at the intersection of Hwy 67 & Shields Hwy/Guadalupe St outside city limits 20 RV sites across 2 acres 30 & 50 amp service plus 110 volt outlets at each RV site City water & new septic system Located outside city limits Current owner charging $400 per month per site all bills paid 7 spots currently have full-time renters, 1 of which is the on-site property manager, so rent is only collected for 6 spots On-site building needs to be built out - currently houses laundry facility Currently collecting $2400/month in rent at 30% occupancy and monthly expenses total $1000-$1200 depending on electric and water usage

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 CooperThe Property ShopMore Info
817-437-1175

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Rachelle CooperThe Property ShopMore Info
817-437-1175

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