This Special Purpose Property is Off-Market.

118 CR 200F
Seminole, TX 79360 ·

8,500 SF · Special Purpose For Sale

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Seminole RV Park

Price N/A Property Use Type Investment
Building Size 8,500 SF Commission Split 3%
Property Type Special Purpose Cap Rate 13%
Property Sub-type Special Purpose (Other) Tenancy Multiple
Listing ID: 18126600 Date Created: 04/16/2013 Last Updated: 07/15/2014

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.

Research

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

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