Bailey's Hideaway RV Park is located on Hwy 72 in Three Rivers, Texas. The asset consists of 13 RV spaces, a 7 bedroom 5 bath mobile home and a 2/3 single wide mobile home. The park has a large in-ground/above-ground swimming pool, large game room, laundry room as well as a 20'x50' metal storage building.
The asset consists of 2 acres which is located outside the city limits but has city water and sewer. No Restrictions! Located in the heart of the Eagle Ford Shale, one of the most active shale plays in the world. The Three Rivers Valero Refinery is located less than 2 miles away from Bailey's Hideaway and the World famous Choke Canyon Reservoir is less than 5 miles away.
The park has a track record of higher occupancy than its competition largely due to it’s great amenities. Those amenities include: swimming pool, on-site laundry facility, game room with a pool table, fast ethernet with excellent WiFi throughout the park, DirecTV in each and every room in both houses as well as every RV space. The resident base is a healthy mix of long-term residents and workers. The large 7/5 crew house is leased to an oilfield company and the 3/2 is leased to a family. The asset will allow an investor the opportunity to reap strong returns on day one with the potential for substantially larger gains.
