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268 South Highway 163
Ozona, TX 76943
Southridge RV Park · Specialty Property For Sale
·
138,520 SF
Investment Highlights
- Currently 55% Occupied (as of 3/10/20)
- Shortage of Housing Options in Ozona or Nearby Towns
- 18.25% CAP rate on 2019 income
Property Facts
| Property Type | Specialty | Building Size | 138,520 SF |
| Property Subtype | No. Stories | 1 | |
| Building Class | C | Year Built | 2013 |
| Lot Size | 3.18 AC | Parking Ratio | 0.43/1,000 SF |
| Zoning | RV - RV Park Development | ||
| Property Type | Specialty |
| Property Subtype | |
| Building Class | C |
| Lot Size | 3.18 AC |
| Building Size | 138,520 SF |
| No. Stories | 1 |
| Year Built | 2013 |
| Parking Ratio | 0.43/1,000 SF |
| Zoning | RV - RV Park Development |
Amenities
- Property Manager on Site
About 268 SOUTH HIGHWAY 163 , OZONA, TX 76943
Investment Overview Southridge RV park in Ozona Texas is located within the southern edge of the Permian Basin. The Park has 63 total spaces and an additional two park model homes for monthly rent and one privately owned park model. The park has variable occupancy between 30% - 90% over the last 15 months due to oil and gas related operations and services in the region. The park is ideally situated on the south side of town directly on Highway 163 and just over one mile from Interstate-10. Cap rate of 18.25% on 2019 actual income. Upside by raising rents and improving occupancy.
Property Taxes
| Parcel Numbers | Improvements Assessment | $83,890 | |
| Land Assessment | $41,550 | Total Assessment | $131,640 |
Property Taxes
Parcel Numbers
Land Assessment
$41,550
Improvements Assessment
$83,890
Total Assessment
$131,640
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