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168 Butler
Onalaska, TX 77360
Asking Price
$3.50M
Cap Rate
8.45%
Asset Type
RV Park Multifamily
Class
Class B
What's Special
Irreplaceable Lakefront RV Park on Texas' Fifth Largest Lake <p><strong>Irreplaceable Lakefront Real Estate</strong><span> – sits directly on the shores of Lake Livingston, one of the top five largest lakes in Texas at over 93,000 acres. Waterfront positions on established Texas lakes carry significant permitting and entitlement barriers, making assets of this type genuinely difficult to acquire and impossible to replicate at cost.</span></p><p><strong>Proximity to Major Texas Population Centers</strong><span> – Located approximately one hour north of Hou
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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084