176 County Road 304
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176 County Road 304
6,000 SF Speciality Building Offered at £528,154 at a 10.67% Net Initial Yield in Orange Grove, TX 78372
Investment Highlights
- 10 Existing RV spots with separate meters
- Large event center with stage
- One two-bedroom apartment and two studio apartments
- Perfect for weddings, quinceañeras, corporate meetings and as a music venue.
Executive Summary
Prime Event Space with RV Spots,Discover a unique opportunity to own a versatile ± 6100 sq ft bar-event center complete with a stage. This venue is known for hosting live music bands. Aside from the event center and RV spots, the property includes a full-sized roping arena with a corral, a raised announcement cabin, ample seating,. and a refreshments area, making it ideal for hosting large events and rodeos. With 10 existing RV spots this country property is primed for expansion. Included are one two bedroom and two studio apartments, offering convenient on-site accommodations. This space has hosted many RV's during boom oil periods too. The property also boasts a spacious parking area for up to 80 cars. Capitalize on the income potential by renting out RV spots and event spaces. Perfect for weddings, quinceañeras, corporate meetings and as a music venue. This is an exceptional investment for business owners looking to create a thriving event venue with significant growth potential and multiple in place current and future streams of income. The property is a 1.8 acre property with simply the RV units, the event center and the parking area. Additional land of approximately 2 acres is available if buyer desires to expand the RV park or build cabins. This additional land could accommodate as many as 40 new RV spots. All that would be required is septic permits and an additional transformer.
Property Facts
| Price | £528,154 | Lot Size | 1.80 AC |
| Price Per SF | £88 | Building Size | 6,000 SF |
| Sale Type | Investment or Owner User | Number of Floors | 2 |
| Net Initial Yield | 10.67% | Year Built | 2014 |
| Property Type | Speciality | Parking Ratio | 13.33/1,000 SF |
| Property Subtype | Trailer/Camper Park |
| Price | £528,154 |
| Price Per SF | £88 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 10.67% |
| Property Type | Speciality |
| Property Subtype | Trailer/Camper Park |
| Lot Size | 1.80 AC |
| Building Size | 6,000 SF |
| Number of Floors | 2 |
| Year Built | 2014 |
| Parking Ratio | 13.33/1,000 SF |
Amenities
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 12087-008-000-00 | Improvements Assessment | £19,551 |
| Land Assessment | £23,686 | Total Assessment | £43,237 |
PROPERTY TAXES
Parcel Number
12087-008-000-00
Land Assessment
£23,686
Improvements Assessment
£19,551
Total Assessment
£43,237
zoning
| Zoning Code | None (This is a country property. County requires permits for septics or septic additions.) |
| None (This is a country property. County requires permits for septics or septic additions.) |
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176 County Road 304
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