Share This Listing

Message

937 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

16614 Echo Glen Dr
Tyler, TX 75703
Tall Timbers RV Park · Specialty Property For Sale · 20,000 SF

Investment Highlights

  • 15-site RV park in Tyler, TX with steady population & job growth
  • Option to buy 3-bed, 2-bath SFR generating $1,795/month rental income
  • City hookups for water & sewer, opportunity for rental upside
  • New laundry unit just added

Executive Summary

JTACR Real Estate Group is pleased to present Tall Timbers RV Park: a 15-site community located in Tyler, TX. The community is advantageously positioned in a major Texas MSA where population and job growth has grown steadily over the years. With its proximity to DFW, the property provides excellent accessibility to the entire region. In addition, Tall Timbers RV Park is located within the City Limits of Tyler, with City hookups for both Water and Sewer. Current ownership features below market rents, as well as the upside of filling currently vacant pad sites and/or adding amenities, thereby presenting investors with the opportunity to acquire a well-maintained community with immediate rental upside.
Current ownership added a laundry unit on the property for the benefit of the tenants.
Option to purchase the adjoining Single-Family Residence for an additional $299,900. This well maintained 3 bed, 2 bath home acts a rental, bringing in $1,795 per month. The tenant to this SFR pays all their own utilities. So the property owner is
responsible for taxes, insurance, and maintenance.

Property Facts

Sale Type Investment
Cap Rate 8.30%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 1.10 AC
Building Size 20,000 SF
No. Stories 1
Year Built/Renovated 1984/2020
Zoning C00 - Vacant Less Than 5 Acres - Residential/RV Lots

About 16614 ECHO GLEN DR , TYLER, TX 75703

JTACR Real Estate Group is pleased to present Tall Timbers RV Park: a 15-site community located in Tyler, TX. The community is advantageously positioned in a major Texas MSA where population and job growth has grown steadily over the years. With its proximity to DFW, the property provides excellent accessibility to the entire region. In addition, Tall Timbers RV Park is located within the City Limits of Tyler, with City hookups for both Water and Sewer. Current ownership features below market rents, as well as the upside of filling currently vacant pad sites and/or adding amenities, thereby presenting investors with the opportunity to acquire a well-maintained community with immediate rental upside. Option to purchase the adjoining Single-Family Residence for an additional $299,900. This well maintained 3 bed, 2 bath home acts a rental, bringing in $1,795 per month. The tenant to this SFR pays all their own utilities. So the property owner is responsible for taxes, insurance, and maintenance.

Property Taxes

Property Taxes

Parcel Number
1-00000-0386-00-001004
Land Assessment
$17,764
Improvements Assessment
$0
Total Assessment
$17,764
  • Listing ID: 27024470

  • Date on Market: 11/2/2022

  • Last Updated:

  • Address: 16614 Echo Glen Dr, Tyler, TX 75703

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}