The Lazy Frog RV Park 20 County Road NW 1030 Immeuble | Spécialité | À vendre 631 700 € | Taux de capitalisation 8,39 % | Mount Vernon, TX 75457

20 County Road NW 1030 presents The Lazy Frog RV Park, which offers 48 full hook-up RV spaces with 30/50 amp electric. 31 of the 48 pads were recently installed and are separately metered. There is one 1,700-square-foot stick-built house with three bedrooms and one-and-a-half bathrooms, ideal for a long-term, on-site manager who would take care of mowing and maintenance. There is also a 16-by-30-foot building as the park's on-site office with free Wi-Fi. The property is fully fenced in, has security cameras, is pet-friendly, offers lots of shade, and has been home to many long-term residents. There is over 400 feet of highway frontage and over 300 feet of county road frontage. Residents' utilities are included in rent amounts, and 31 newly added spaces have separate meters.

This is a premier value-add opportunity as new ownership can raise rents to local competitor pricing, bill back electricity to the 31 new spaces, advertise the park to increase occupancy, and/or build a laundry facility by running utilities to the office building.

Inquire today to learn more about this Franklin County investment opportunity. Seller financing is available.