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- LoopNet Team
258 CR 4110 St
Mt Vernon, TX 75457
Lake Cypress Springs RV Park · Multifamily Property For Sale
·
87,120 SF
INVESTMENT HIGHLIGHTS
- Located near two of the most popular lakes in Texas Cypress Springs and Bob Sandlin.
- Close to I-30 and nearby amenities
- Less than 100 Miles from Dallas
PROPERTY FACTS
| No. Units | 14 | Building Size | 87,120 SF |
| Property Type | Multifamily | Average Occupancy | 85% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 2019 |
| Lot Size | 5.17 AC |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Lot Size | 5.17 AC |
| Building Size | 87,120 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 2019 |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Community-Wide WiFi
ABOUT 258 CR 4110 ST , MT VERNON, TX 75457
The park is located off of Hwy 21 just east of Hwy 37 on County Road 4110. There are currently 14 spaces with 30-amp and 50-amp full hookups available. Most of the current renters are long-term (monthly or longer) helping provide steady cash flow. The current owners have done minimal advertising up to this point. They have just launched a website that is fully functional and allows for online reservations. The website can be found at www.lakecypressspringsrv.com The property is +/- 5.84 Acres leaving room for additional development and has a natural spring. There is also a 5/3 modular home where the owners currently reside built in 2018. This could either be used as a residence for a new owner or an office/residence for a manager. It could also be rented out at current market rates or used as a VRBO for significant extra income. There is an area already fenced behind the home currently used to pasture sheep but this could easily be converted to additional spaces or possibly add boat/trailer storage. There is a new laundry facility that has been completed adding to the amenities. The laundry facility will also generate additional income. The park is on septic systems with city water and municipal power.
PROPERTY TAXES
| Parcel Number | 12000 | Improvements Assessment | $452,600 |
| Land Assessment | $119,150 | Total Assessment | $571,750 |
PROPERTY TAXES
