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.