$300,000
For Sale

2089 Fm 2131

Coleman, TX 76834
Browse 17 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

This is your chance to own a FULLY OCCUPIED, CASH FLOWING 20 campsite RV park for far less than most other similar developments!!! The development is located outside of city limits and sits at the intersection of two highways. Each campsite features 30 & 50 amp service plus 110v outlets. New septic system and city water. The 796 sq ft building on site houses complimentary laundry facilities, but can be built out to include onsite property manager housing, a clubhouse or game room, or any other value add feature. Pictures were taken at 30% occupancy, but the campground is now completely full and is expected to remain at 100% occupancy at least through the next FIVE YEARS! Current owner is charging $500 per month per site, but new owners could easily increase rental rates. Great opportunity to live rent free on a cash flowing property... house hacking at its finest!!! Rent roll and disclosures attached to the listing. Copies of rental agreements provided upon request.

  • Property Details
      • SubdivisionA0683 WM WOOLSEY SUR 294
      • School DistrictPanther Creek Cons ISD
      • Lot FeaturesAcreage, Corner Lot
      • Lot DescriptionAcreage, Corner Lot
      • Utility FeaturesSeptic Available
      • Sewer InformationAerobic Septic
      • Property Subtype AdditionalImproved Land
      • Elementary SchoolPanther Creek
      • Middle SchoolPanther Creek
      • High SchoolPanther Creek
      • Property SubtypeImprovedLand
      • Property TypePurchase
      • MLS #21014740
      • MLS #21014740
      • CountyColeman
      • Taxes Annual$2,305
      • Cost300000
      • Parcel NumberR13387
      • Year Built1930
      • Acres2
      • Days on Market (Cumulative)1

Location

McCOWN Real EstateThe McCOWN Team
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