OFF MARKET RV Park Bolivar, TX

  • $850,000
Bolivar Peninsula, TX, USA
For Sale Off Market
OFF MARKET RV Park Bolivar, TX
Bolivar Peninsula, TX, USA
  • $850,000

Description

Overview: This off-market RV Park presents a lucrative investment opportunity in Bolivar Peninsula, TX. The property boasts a prime location with easy access to the beach, significant instant cash flow, and substantial potential for further development and revenue enhancement.

Key Features:

  • Location: Just a 5-minute walk or a 2-minute bike ride from the beach.
  • Size & Capacity: Spans over 8 waterfront acres, currently hosting 20 sites with the potential and space to expand up to 80 sites.
  • Amenities: Includes a playground, event venue, horseshoe pits, and complimentary services such as laundry, bikes, and kayaks. Note: these are currently not utilized as revenue streams but present an opportunity for additional income.
  • Business Model: Operates a unique model renting out RVs on platforms like Roverpass, Airbnb, and Vrbo. This model is not mandatory for the new owner, providing flexibility in business strategy.
  • Financials: Currently generates $150k net annually with the potential to increase to $200k with minimal enhancements and improved marketing strategies.
  • Management: Maintained by camp hosts, with new hosts scheduled to arrive in March for the peak season.
  • Investment Potential: Listed at $850k, significantly below market value considering the current income and growth potential. Notably, the property has bookings lined up for the busy season from March to October, with average nightly rates ranging from $95-$130 for units and $50/day, $250/week, $750/month for RV sites.
  • Sale Conditions: Direct sale only, no seller financing available. The property is ready for a swift transaction, with a preferred closing date by March 20th. Note: the property has already undergone a survey and was previously approved for an SBA loan.
  • Address Bolivar Peninsula, TX, USA
  • City Bolivar Peninsula
  • State/county Texas

Details

Updated on February 23, 2024 at 1:53 pm
  • Property ID: RVPMRKT170156
  • Price: $850,000
  • Land Area: 8 Acres
  • Property Type: RV Parks
  • Property Status: For Sale
  • Pads: 20
  • Water Type: Well
  • Electric Hookup: 30AMP, 50AMP
  • Sewer Type: Septic tank

Overview

Property ID: RVPMRKT170156
  • 20
  • Pads
  • 8
  • Lot Acres

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • PMI
$
%
%
%
%

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Information provided in this listing is deemed reliable but not guaranteed. Prospective buyers should perform their own due diligence in verifying all facts and figures related to the property, including but not limited to zoning, property conditions, utilities, legal uses, and financials. The broker makes no representation or warranties, expressed or implied, as to the accuracy of information contained herein. Prices, terms, and availability are subject to change without notice. The listing broker is not responsible for any errors, omissions, or inaccuracies in the information provided. Buyer to verify all information to their satisfaction. This is not an offer to sell, nor a solicitation of offers to buy, in jurisdictions where such an offer or solicitation would be unlawful. All images are for illustrative purposes only and may not represent the current state of the property.

Compare listings

Compare