3517 FM2668

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3517 FM2668

Bay City, TX 77414
Asking Price
$1.30M
Asset Type
RV Park Land
Class
Class B

What's Special

50-Space Value-Add RV Park with Expansion Land <ul><li>​<strong style="color: rgba(31, 31, 31, 1)">Clear Value-Add Opportunity Through Lease-Up & Marketing: </strong><span style="color: rgba(31, 31, 31, 1)">The park is currently operating at approximately 46%, which represents a significant and immediate opportunity for a new owner to generate a large financial upside. The current owner does not spend any marketing dollars leaving plenty of room for the buyer to craft and execute on a marketing plan. A stabilized occupancy can be achieved th

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

Location & Travel Times