Property Attributes
- MLS#20524491
- TypeMulti-Family
- CountyWOOD
- CityMineola
- Zip75773
- StyleMultiple Single Units
- Price$ 1,100,000
- Bedrooms49
- Full Bathrooms49
- Half Bathrooms0
- Lot Size7 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description
RV Park investment opportunity in East Texas, strategically located on Highway 80 with great highway frontage. Originally a 34 site park all individually metered on city water and septic. Just completed construction of 15 new concrete sites. All long-term guests, workforce and retirees, on-site management. Park was recently acquired and the current owner has added the new sites. Professionally managed with Camspot management software Value Add opportunity: increase short-term and overnight stays, bill back utilities and rent out the apartment and contractor garage. Charge higher rates for new concrete sites. Possibility to add signage for additional revenue. -49 total RV sites, individually metered (15 brand new concrete sites) -Club house with bathrooms and showers -Office building -Laundry facility -Apartment and contractor garage building
Elementary School |
---|
Mineola Elementary School |
Price History | |
---|---|
1/31/2024 | Listed $1,200,000 |
2/29/2024 | 9% - $1,100,000 |
General Features
Heating | None |
---|---|
Complex Name | Mineola RV Park |
Cooling | None |
Utilities | City Water,Electricity Connected,Septic |
Possession | Closing/Funding |
Roof | Metal |
Appliances | Dryer,Washer |
School District | Mineola ISD |
Capitalization Rate | 9.09 |
Year Built | 2007 |
Levels | One |
Will Subdivide | No |
Gross Annual Expenses | 44000.00 |
Property SubType | Multiple Single Units |
Subdivision Name | none |
Accessibility Features | Accessible Approach with Ramp |
Insurance Expense | 3000 |
County | Wood |
Property Type | Residential Income |
Construction Materials | Other |
Year Built Details | Preowned |
HOA Type | None |
# of Buildings | 3 |
Status | Active |
Directions | East on Highway 80 leaving Mineola city limits,on your left hand side after passing East Loop 564. |
City | Mineola |
Buyer Agent Compensation | 3 |
Elementary School Name | Mineola |
High School | Mineola |
Street Name | HWY 80 SOMEWHERE RIVER |
Elementary School | Mineola |
Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/20524491 |
Standard Status | Active |
Buyer Agent Compensation Type | % |
Interior Features
Interior Features | Other |
---|---|
Flooring | Other |
Total Units | 49 |
Lock Box Type | None |
Exterior Features
Lot Size Source | Public Records |
---|---|
Parking Features | Other |
Lot Size | 5 to < 10 Acres |
Foundation | Other |
Lot Size Area | 7.0000 |
Number Of Parking Spaces | 49 |
Lot Size Units | Acres |
Building Area Total | 448.00 |
Lot Size Square Feet | 304920.0000 |
Lot Size Acres | 7.0000 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool