The Lazy Frog RV Park

  • $950,000
20 County Road NW 1030, Mt Vernon, Texas 75457, USA
For Sale Hot
The Lazy Frog RV Park
20 County Road NW 1030, Mt Vernon, Texas 75457, USA
  • $950,000

Description

As of 4/9/2024
The Lazy Frog RV Park is for sale.
This is a great park easily run by one person.
Currently is 50% full and growing.
I purchased the park in July 2021. At that time there were only the house and 10 pads. I have added 38 pads for a total of 48.
Current cap rate is 7%.

$950,000.00

PROOF OF FUNDS WILL HAVE TO BE SENT.

NO BROKERS OR REALTOR’S.
I am not a motivated seller.

I’m semi retired and have other endeavors I want to pursue.

Location: 20 County Road NW 1030, Mt Vernon Texas, 75457.

On the corner of state highway 37 N. and county road 1030. County baseball fields and small county airport are in walking distance. Downtown Mt Vernon is only 1.5 miles where there are multiple restaurants and shopping.
Interstate 30 is 2 miles away with other restaurants, truck stops, etc.
Approximately 12 miles from beautiful Lake Cypress Springs, 20 miles from Lake Bob Sandlin.

We are 12 minutes from one solar field and 20 minutes to another with more to come.

Park sits on 5 acres.

The park has 48 pads with water, septic outlets, electric 50, 30 and 110 amp outlets at all sites, county water, on-site private septic system, security cameras.

The pads and road’s are gravel.
The pads are 30ft wide and 60ft front to back

There is a 1200 square foot house 3 bedroom 1 and a half bath, with office on the property, (currently manager lives there). The house could be rented out for $800.00 to $1200.00 per month.

Currently there are no park bathrooms, showers or laundry.
I do have the engineered drawings for the laundry water discharge system.
There is a building on site for the laundry.
There are lots of trees in the park.
WiFi is there.

Lot rent is $500.00 per month and we pay the electric.

Web site: https://www.thelazyfrogrvpark.com

Phone: Kelly 972-358-5183Floyd 903-285-5032

  • Address 20 County Road NW 1030, Mt Vernon, Texas 75457, USA
  • City Mount Vernon
  • State/county Texas
  • Zip/Postal Code 75457

Details

Updated on April 18, 2024 at 4:03 pm
  • Property ID: RVPMRKT170959
  • Price: $950,000
  • Land Area: 5 Acres
  • Property Type: RV Parks
  • Property Status: For Sale
  • Pads: 48
  • Water Type: Public
  • Electric Hookup: 110V, 30AMP, 50AMP
  • Sewer Type: Septic tank
  • Cap Rate: 7%
  • Year Renovated: 2023

Overview

Property ID: RVPMRKT170959
  • 48
  • Pads
  • 5
  • Lot Acres

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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.

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