Colonial Del Ray RV Park | 1717 Waldron Rd
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Colonial Del Ray RV Park 1717 Waldron Rd
2 Unit Mobile Home Park £11,135,880 (£5,567,940/Unit) 7.10% Net Initial Yield Corpus Christi, TX 78418
Investment Highlights
- Seller Financing Available
- Amazing Amenities
Executive Summary
RV Park
Colonia Del Rey is a premier RV Park in Corpus Christi that provides investors the opportunity to purchase
a fully stabilized RV Park with an excellent operational history and customer satisfaction rating. The park
is fully developed with 217 full-hookup sites, the majority of which are concrete sites. The park has a 2023 year-to-date occupancy of 93.8% for Monthlys and 87.62% for nightly's continuing its strong historical track record suggesting rental growth opportunity. The park's primary source of rental income is generated from long-term monthly renters while daily and weekly stayers also frequent the park. Colonia Del Rey is a 2-minute drive from H-E-B, a 2-minute drive from Flour Bluff Elementary/Middle/High School, and a 14-minute drive from highly visited Whitecap Beach.
Colonia Del Rey is a premier RV Park in Corpus Christi that provides investors the opportunity to purchase
a fully stabilized RV Park with an excellent operational history and customer satisfaction rating. The park
is fully developed with 217 full-hookup sites, the majority of which are concrete sites. The park has a 2023 year-to-date occupancy of 93.8% for Monthlys and 87.62% for nightly's continuing its strong historical track record suggesting rental growth opportunity. The park's primary source of rental income is generated from long-term monthly renters while daily and weekly stayers also frequent the park. Colonia Del Rey is a 2-minute drive from H-E-B, a 2-minute drive from Flour Bluff Elementary/Middle/High School, and a 14-minute drive from highly visited Whitecap Beach.
Property Facts
| Price | £11,135,880 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | £5,567,940 | Building Class | B |
| Sale Type | Investment | Lot Size | 12.00 AC |
| Net Initial Yield | 7.10% | Building Size | 474,664 SF |
| No. Units | 2 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1986 |
| Price | £11,135,880 |
| Price Per Unit | £5,567,940 |
| Sale Type | Investment |
| Net Initial Yield | 7.10% |
| No. Units | 2 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 12.00 AC |
| Building Size | 474,664 SF |
| Number of Floors | 1 |
| Year Built | 1986 |
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PROPERTY TAXES
| Parcel Number | 234384 | Improvements Assessment | £3,906,469 |
| Land Assessment | £1,231,546 | Total Assessment | £5,138,015 |
PROPERTY TAXES
Parcel Number
234384
Land Assessment
£1,231,546
Improvements Assessment
£3,906,469
Total Assessment
£5,138,015
zoning
| Zoning Code | T-1B |
| T-1B |
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Colonial Del Ray RV Park | 1717 Waldron Rd
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