Over Yonder RV Park, Olney TX 104 E Springcreek Rd Spécialité 10 m² À vendre Olney, TX 76374 419 472 € (40 313,97 €/m²) Taux de capitalisation 9,20 %

Now offered for sale is a cash-flowing 20-site RV park in Olney, TX, with all spaces currently leased at 500 month. That’s 10K per month in potential gross rental income from day one; an immediate opportunity for investors looking to step into reliable returns. The park is designed for long-term tenants and includes a central laundry facility to enhance resident satisfaction. Current rents include water, sewer, electricity, and Wi-Fi; but tenants are in the process of transitioning to pay their own electric, which will significantly improve the park’s net operating income and cash flow. Expansion-Ready Lot Included -- Also included in the sale is a .87-acre parcel directly across the street. This parcel is already: Approved by the city for 4 additional RV sites, Plumbed for water and sewer, Graded and prepped with roads already cut in. The only remaining step to activate these additional sites is to install electric hookups; a quick and affordable way to increase revenue potential. Why Olney, TX? With a revitalized downtown, proactive economic development efforts, and a growing population of workforce residents, the demand for affordable long-term housing options like RV parks continues to climb. Located near regional employment hubs and supported by city infrastructure, Olney offers a strong foundation for stable occupancy and investor-friendly returns. Investment Highlights: 20 active RV pads, all leased at 500 per month with potential 120K annual gross income up to 144K, Tenants transitioning to pay their own electricity (future expense reduction) On-site laundry facility for tenant convenience; .87-acre lot across the street, shovel-ready for 4 more RV sites. Approved city permits for expansion. Strong location in a growing North Texas town. At just 475K, this property offers immediate income with room to grow; a perfect blend for buy-and-hold investors, 1031 exchange buyers, or operators looking to expand their portfolio. Owner has also laid foundation for extra building - either for game room, flex space, added laundry or shower room etc.