1618 TX-361
Ingleside, TX 78362
Indian Trails RV Mobile Park & Storage · Land For Sale · 10.00 AC

Partners is happy to offer Indian Trails RV Park & Mustang Mini Storage, a 46-site RV park consisting of 17 Mobile Homes and a 40-unit mini storage facility in Ingleside, Texas. Residents of Ingleside who call Indian Trails home enjoy the quick drive to work as the community is conveniently located off Highway 361 making it a quick drive south to Corpus Christi or north to Aransas Pass. The park currently has a net operating income of $86,709 (7.4% cap rate). The spacious RV park sits on 10 acres and has ample room for further development. Indian Trails had an economic occupancy of 76% in 2022. RV pads are rented for $300 a month and as of April 2023 rent for $325 a month. Mobile Homes rented from $267-$400 a month have gone up $50 a month each as of April 2023. A property manager comes on-site 9-12 hours a month and makes $11 an hour. The park runs on well water and a septic sewer. Located in Ingleside and right off Highway 361 all residents are long-term stays who occupy jobs in the surrounding area such as construction, medical, and oil just to name a few. Indian Trails is perfect for long-term tenants looking for affordable housing in the growing economy surrounding Ingleside. This park is primed for an investor who is looking to develop the rest of the park to maximize as value is occupancy has room to increase.