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1206 Churchill Dr 1,000 SF Specialty Building Offered at $900,000 at a 10.76% Cap Rate in Granite Shoals, TX 78654
Investment Highlights
- Great Location
- Value-Add Opportunity
Executive Summary
Bradfield Real Estate is pleased to present Granite Shoals Campground, a 26 unit RV park in Granite Shoals Texas. This park consists of 25 park owned Rvs, and one mobile home. Currently rents are more than 20% under the market rate in the area, making this a great value-add investment as well as adding newer park owned units as this has been done 9 out of the 25 spaces. This asset requires little to no time from the owner. Located in the growing area of Granite Shoals, in between Marble Falls & Kingsland.
Property Facts
| Price | $900,000 | Building Class | C |
| Price Per SF | $900 | Lot Size | 1.12 AC |
| Sale Type | Investment | Building Size | 1,000 SF |
| Cap Rate | 10.76% | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 2014/2022 |
| Property Subtype | Trailer/Camper Park |
| Price | $900,000 |
| Price Per SF | $900 |
| Sale Type | Investment |
| Cap Rate | 10.76% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 1.12 AC |
| Building Size | 1,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2014/2022 |
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 9815 | Improvements Assessment | $246,580 |
| Land Assessment | $40,050 | Total Assessment | $286,630 |
Property Taxes
Parcel Number
9815
Land Assessment
$40,050
Improvements Assessment
$246,580
Total Assessment
$286,630
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1206 Churchill Dr