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1191 County Road 316 - Brazos Outdoor Center

Sports & Entertainment Building Offered at £1,091,518 at a 7.06% Net Initial Yield in Rainbow, TX 76077

Investment Highlights

  • Seller Financing Available

Executive Summary

RV sites:
- 8-full hook-up RV sites (30/50/110 amp)
- One RV site: full hookup, 30amp
- One RV site: no water/sewer, 110amp
- One attached drive-thru bay RV site: full hookup with 30/50amp
Apartment:
- 1 bed / 1 bath apartment with full kitchen, living room, dishwasher, washer/dryer, covered porch with concrete deck, and an outdoor shower—perfect for owner or staff accommodation
Facilities & Amenities:
- A 16x24 utility shed (future laundry facility)
- Two restrooms: each has a toilet and a shower
- Two outdoor showers
- A guard shack (with w/d hookups)
- Gated entry, fully-fenced property, key fob access and wifi security cameras
- General Store selling food, ice, and camping essentials
- This property has approximately 900 feet of highway visibility and 300 feet of riverfront
Sales price includes:
- One 22-passenger bus, a 14-passenger bus, four additional equipment trailers, a golf cart, 30 kayaks, 50 brand new paddles, 18 canoes, 150 tubes and cooler tubes, life jackets, a generator and an air compressor, 750# per day ice machine maker and freezer, all general store/retail merchandise
Additional Notes:
- Expansion opportunity to add 5 additional RV spaces with water and electric only
- Seller financing available for qualified buyers
- City Water
- Three septic tanks
- All electric, gas lines have been ran to the property with a tank set.
- Gravel roads
- Located on the beautiful Brazos River just 6 miles north of Glen Rose, Texas.
- Situated alonge Highway 67 providing easy access to the cities of Glen Rose, Granbury, and Cleburne, Texas. Each city has lots of great things to do including delicious restaurants, shopping, boating on the lake or hanging out on the river!
- We are close to Dinosaur Valley State Park, Fossil Rim Wildlife Center and the historic charm of Glen Rose, Texas.

Property Facts

Price £1,091,518
Sale Type Investment
Net Initial Yield 7.06%
Gross Rent Multiplier 11.65
Property Type Sports & Entertainment
Building Class C
Lot Size 2.84 AC
Number of Floors 1
Year Built 2016
  • Listing ID: 31804891

  • Date on Market: 15/05/2024

  • Last Updated:

  • Address: 1191 County Road 316, Rainbow, TX 76077

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