Hello group. I have a clean 50 pad RV park in Gregory, Texas that I’m assigning.
44 RV pads (many year round RV residents) and 6 MH pads. City has approved an expansion to 65 pads.
Price is 1.5M. With 400K down the seller will hold paper for 3 years on a 30 year note at 4.25%.
33 renters (RV and MH)
Monthly NOI is $11,250. Once improved and stabilized, the NOI could reach 15K or more. Please reach out to me if you have any interest.