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8201 Sunflower Ave - Grapecreek Phoenix RV Park

1,000 SF Specialty Building Offered at £2,664,228 at a 7.48% Net Initial Yield in San Angelo, TX 76901

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INVESTMENT HIGHLIGHTS

Excellent access and visibility from US Highway 87.

EXECUTIVE SUMMARY

Excellent investment opportunity! This is the Grape Creek Phoenix RV Park and it has 106 RV spaces and 4 rental cabins. There is an on-site laundromat, storage buildings and space to spread out and enjoy the quiet. Occupancy has been strong, even throughout our volatile economic conditions. This park does excellent due to the numerous wind farm, solar, and oilfield opportunities that are in our area.

Offering Memorandum
Market Information

PROPERTY FACTS

Price	£2,664,228	Building Class	C
Price Per SF	£2,664	Lot Size	9.78 AC
Sale Type	Investment	Building Size	1,000 SF
Net Initial Yield	7.48%	Number of Floors	1
Gross Rent Multiplier	5.51	Year Built	2012
Property Type	Specialty	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Subtype	Trailer/Camper Park

Price	£2,664,228
Price Per SF	£2,664
Sale Type	Investment
Net Initial Yield	7.48%
Gross Rent Multiplier	5.51
Property Type	Specialty
Property Subtype	Trailer/Camper Park
Building Class	C
Lot Size	9.78 AC
Building Size	1,000 SF
Number of Floors	1
Year Built	2012
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.