118 CR 200F, Seminole, TX, 79360 - Available for Sale

Special Purpose For Sale

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Seminole RV Park

118 CR 200F, Seminole, TX 79360

$950,000

8,500 SF | Special Purpose

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Special Purpose Property For Sale Get Financing

Price:
$950,000
Building Size:
8,500 SF
Price/SF:
$111.76
Property Type:
Special Purpose
Property Sub-type:
Special Purpose (Other)
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
13%
Occupancy:
100%
Tenancy:
Multiple
Listing ID
18126600
Last Updated
9 days ago

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Description

28 spaces, 100% occupied for 8 consecutive months, room for another row of 10 spaces.
Approx. 8,500 sf of improved property includes: office/living quarters at entry -- 4 cabins (2=400', 2=350') -- 10 storage units 14'x40' with 12x14 OH doors -- laundry facilities -- common green areas (bbq pits, picnic tables)
RV spaces - $345 mo, cabins - $1,000 mo, Storage Whses $100 mo

Property is outside of city limits but has the benefit of city water and sewer (fronting property was annexed to provide services to neighbor).
Just the right distance from Highway 62 - convenient but quiet.
County Road 118, to the property, is in the process of being paved.

Financial Summary

  • Actual
  • $123,500

Map of 118 CR 200F, Seminole, TX 79360 (Gaines County)

Research for 118 CR 200F, Seminole, TX 79360 (Gaines County)

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Rob Campbell, CCIM
Rob Campbell, CCIM

Experienced in all types of commercial real estate in Lubbock, TX.

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License #0425626

Created 4/16/2013
Seminole RV Park
  • Special Purpose
  • $950,000
  • 8,500 SF