2089 FM 2131 - Rustic RV Park
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2089 FM 2131 - Rustic RV Park
796 SF Specialty Building Offered at $500,000 in Coleman, TX 76834
Investment Highlights
- on the route between multiple major TX cities - capitalize on families traveling to visit college students at TX universities
- affordable housing option for long term renters
- located near two main hunting areas
- dog friendly and offers free wifi service
Executive Summary
Located at the intersection of Hwy 67 & Shields Hwy/Guadalupe St outside city limits
20 RV sites across 2 acres
30 & 50 amp service plus 110 volt outlets at each RV site
City water & new septic system
Located outside city limits
Current owner charging $400 per month per site all bills paid
7 spots currently have full-time renters, 1 of which is the on-site property manager, so rent is only collected for 6 spots
On-site building needs to be built out - currently houses laundry facility
Currently collecting $2400/month in rent at 30% occupancy and monthly expenses total $1000-$1200 depending on electric and water usage
20 RV sites across 2 acres
30 & 50 amp service plus 110 volt outlets at each RV site
City water & new septic system
Located outside city limits
Current owner charging $400 per month per site all bills paid
7 spots currently have full-time renters, 1 of which is the on-site property manager, so rent is only collected for 6 spots
On-site building needs to be built out - currently houses laundry facility
Currently collecting $2400/month in rent at 30% occupancy and monthly expenses total $1000-$1200 depending on electric and water usage
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $500,000 | Building Class | C |
| Price Per SF | $628 | Lot Size | 2.00 AC |
| Sale Type | Investment or Owner User | Building Size | 796 SF |
| Sale Conditions | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1930/2022 |
| Property Subtype | Trailer/Camper Park |
| Price | $500,000 |
| Price Per SF | $628 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 2.00 AC |
| Building Size | 796 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1930/2022 |
Amenities
- Property Manager on Site
1 of 1
PROPERTY TAXES
| Parcel Number | R13387 | Total Assessment | $52,230 (2023) |
| Land Assessment | $5,300 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $46,930 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R13387
Land Assessment
$5,300 (2023)
Improvements Assessment
$46,930 (2023)
Total Assessment
$52,230 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
zoning
| Zoning Code | Commercial |
| Commercial |
-
Rachelle Cooper -
The Property Shop
1 of 13
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2089 FM 2131 - Rustic RV Park
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