TX Off-market RV park with seller financing at 5% and 10-year balloon

Contract assignment for the off-market RV Park in Texas with solid seller financing terms.

Based on 2023 Revenue and a 45% expense ratio, the park would be trading at a 9.8% cap rate.

  • ~60 sites with ability to add ~8-10 more
  • City water and city sewer
  • Concrete roads and pads

Seller Financing Terms:

  • $2,000,000 PP
  • $400,000 DP (~20%)
  • 5% P&I
  • 25-year amortization
  • 10-year balloon
  • Assignment fee included

If you are interested, please email us at nathan@parklandacquisitions.com
Alternatively, you can drop your email below or send me a message.

1 Like

Nathan. Please send me info to
Greg@kingshipcollective.com
Thank you