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Mid-Cities DFW RV Park 4620 Kennedale New Hope Rd

103 Unit Mobile Home Park $8,250,000 ($80,097/Unit) Fort Worth, TX 76140

Investment Highlights

  • Has got to 60% full from August 2024 to mid October 2024
  • On site manager makes this park a hands off asset to manage
  • Little to no CAM with the crushed granite instead of landscaping

Executive Summary

DFW Mid-Cities RV Park, located in Fort Worth, Texas, is a long-term RV park designed primarily to foster a sense of community. By seeking out residents who desire
a stable, communal environment, DFW Mid-Cities RV Park provides a refreshing alternative to transient parks or typical apartment complexes. The park encourages a
neighborhood atmosphere in which residents create genuine connection with one another.
Key features of the park include: Spacious, covered RV lots, complete with fiber internet hardwired to each pedestal; A large clubhouse complete with a game room,
work-out room, 18-foot shuffleboard table, and an open kitchen with eating area for social gatherings; Two half-acre dog parks, one fully fenced; 7 Roomy bathrooms
with walk-in showers; A laundry room with card-operated combination washer/dryers; And a fully-equipped outdoor kitchen.

Property Facts

Price $8,250,000
Price Per Unit $80,097
Sale Type Investment
No. Units 103
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low Rise
Building Class B
Lot Size 9.92 AC
Building Size 432,115 SF
Average Occupancy 55%
No. Stories 1
Year Built 2024

Site Amenities

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Courtyard
  • Fenced Lot
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Security System
  • Breakfast/Coffee Concierge
  • Gameroom
  • Grill
  • Wheelchair Accessible
  • Pet Play Area
  • Wi-Fi
  • Storage Space
  • Community-Wide WiFi
  • Conference Rooms
  • Multi Use Room
  • Fiber Optic Internet

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06337694
Land Assessment
$250,427
Improvements Assessment
$2,154,377
Total Assessment
$2,404,804
  • Listing ID: 33508353

  • Date on Market: 10/14/2024

  • Last Updated:

  • Address: 4620 Kennedale New Hope Rd, Fort Worth, TX 76140

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