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133 Wheeler St - End of the Road RV Park

500 SF Speciality Building Offered at £375,201 at a 8.02% Net Initial Yield in Stockdale, TX 78160

Investment Highlights

  • 10 RV spots with water, sewer and electric ready
  • Short drive from Oil Fields
  • Owner says $20k in upgrades with additional spots can add another $60k/yr income.
  • around 11 acres of unimproved land to expand
  • City Utilities so no added septic or well cost when adding on

Executive Summary

Newly refurbished RV Park with 10 spots available, meters, water and sewer ready. City utilities so expansion does not need septic or well additions. About 11 acres of unimproved land to expand to
Cap rate and NOI is projected at full occupancy. Less than 20k to double space with larger spots that should generate another $60k/yr when full. Owner says other spots would be more desirable with trees and more room.

Property Facts

Price £375,201
Price Per SF £750
Sale Type Investment or Owner User
Net Initial Yield 8.02%
Sale Conditions Business Value Included
Property Type Speciality
Property Subtype Trailer/Camper Park
Building Class C
Lot Size 11.93 AC
Building Size 500 SF
Number of Floors 1
Year Built/Renovated 2020/2024

Amenities

  • Air Conditioning

About 133 Wheeler St , Stockdale, TX 78160

"The End of the Road RV Park" presents an exceptional investment opportunity in the heart of Stockdale, Texas. This 11.93-acre property features a well-established RV park currently utilizing approximately 1/4 of the available land, offering significant potential for expansion. Property Highlights Existing Infrastructure 10 RV spots with full hookups (electric, water, and sewer) Gated community for enhanced security Small office building on-site Room for Growth About 11 acres of the land remains undeveloped, allowing for substantial expansion Potential to add a lot of additional RV spots and amenities Strategic Location Stockdale's position makes "The End of the Road RV Park" ideally situated to serve various industries: Oil and Gas Sector Located within driving distance of the Eagle Ford Shale play, the park offers convenient accommodations for oilfield workers seeking long-term stays. The steady influx of energy sector employees ensures consistent demand for quality RV spaces. Agricultural Workers Stockdale's agricultural heritage means seasonal farm workers often need temporary housing options. Travelers and Retirees Situated between San Antonio and the Texas coast, the park can attract tourists and winter Texans exploring the region. Investment Potential This turnkey operation presents an excellent opportunity for investors looking to capitalize on the growing demand for RV accommodations in South Texas. With its existing infrastructure and ample room for expansion, "The End of the Road RV Park" is poised for significant growth and increased profitability. Key Advantages Newly refurbished with fresh gravel, entry, signage, meters and ready to rent Steady income from long-term residents in various industries Opportunity to add amenities and increase property value Proximity to major highways (US-87 and TX-123) for easy access Don't miss this chance to own a thriving RV park with enormous growth potential in Stockdale's dynamic landscape. "The End of the Road RV Park" offers the perfect blend of current income and future possibilities in a region primed for continued economic development.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29241
Land Assessment
£36,682
Improvements Assessment
£11,953
Total Assessment
£48,635

zoning

Zoning Code No Zoning (No Zoning Regulations)
No Zoning (No Zoning Regulations)
  • Listing ID: 33422434

  • Date on Market: 05/10/2024

  • Last Updated:

  • Address: 133 Wheeler St, Stockdale, TX 78160

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