258 CR 4110 St
Mt Vernon, TX 75457
Multifamily Property For Sale · 87,120 SF

The park was started in 2020 and began with just two spaces. It has rapidly grown over the next several years, and now has 21 full hook ups and a large (2,100 SF) 5 bed 3 bath home on the property. The home is currently occupied by the owners, but could be rented for additional revenue or used as a park office. There are a number of long term tenants (currently 14) and there are also a number of construction related tenants who are there for the solar facility nearby. There are no long term leases in place so a new owner would be free to raise rents if desired. The overnight traffic is regular but not significant. This could be increased with advertising, but the current owners do not do any at this point. The park averages 80-85% occupancy on a regular basis. There is also a small laundry facility on the property which brings in some additional revenue. The Park is serviced by municipal water and electric, and there are septic systems for the sewer. There are several individually metered spaces for the electric, but the owners have not chosen to use them as yet. The owners provide the maintenance of the grounds and trash service is provided by a local company. The Park can be bought including the house or divided. The division would include 17 sites, the laundry, and two campers that are park owned and rent for $650.00 and $750.00 per month. The house and 4 sites would be retained by the current owners. The owners are flexible if a buyer would prefer that option. This investment is perfect for investors looking for a solid return on investment in a growing market with upside potential.