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Forest View RV Park 820 Forest View Dr 10 Unit Mobile Home Park $589,900 ($58,990/Unit) 9.20% Cap Rate Blanco, TX 78606

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INVESTMENT HIGHLIGHTS

  • Hill country location. Area with high need for rentals.
  • 15 minutes from Blanco, & Canyon Lake.
  • 30 minutes from Bulverde (HEB PLUS, WALMART, ACADEMY, ETC) & WIMBERLEY

EXECUTIVE SUMMARY

Incredible Investment potential! This outstanding 6-acre income-producing property is fully prepped for your dream RV park! It includes a turnkey, well taken care of, manufactured home, 8 RV slips with electrical, water, and septic hookups, and room for expansion. The property features two septic tanks, a well/pump house, a fully equipped and up-to-date electrical system, road base parking pads, and a circular drive. Guests will appreciate the 10x14 laundry building with hookups for two washers and two dryers. Currently, 7 of the 8 RV slips have RVs parked ready to rent, with 4 of those RVs currently rented to tenants. 6 RVs of those are owned by the seller and can convey with the sale. The manufactured home is vacant and listed for rent, offering even more income potential. With plenty of space to add more RV slips and hookups, this property is a rare opportunity to grow your investment. Ideally located in the Hill Country, near the rapidly expanding Blanco, TX, and just a short drive to Canyon Lake, Wimberley, the Guadalupe River, and Blanco State Park-a prime location for recreation and rental demand. Don't miss out on this exceptional investment-schedule a showing today!
The property currently operates under Blanco County's 'family compound' designation, following extensive efforts by the owner to establish it as an RV park business. Despite nearing completion of county requirements, unforeseen financial setbacks led to the decision to sell, presenting a prime investment opportunity.
Remaining tasks for buyers to complete should they decide to continue lucrative RV park use after closing... include finalizing water infrastructure per fire marshal guidelines ($19,572.10) and constructing a paved circle driveway as per TXDOT specifications (buyer to obtain quote). With these updates, the property is poised for immediate operational status, aligning with Blanco County's regulatory framework. [[Keep in mind these items do not have to be done in order to sell, these are what are recommended be done in order to be compliant with Blanco county business guidelines.]]
For serious investors, my client can provide direct contact with the county precinct commissioner involved, streamlining the compliance process. Presently, occupancy is maintained through word-of-mouth leasing, underscoring potential for increased revenue through online marketing.

PROPERTY FACTS

Price $589,900
Price Per Unit $58,990
Sale Type Investment
Cap Rate 9.20%
No. Units 10
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class B
Lot Size 6.02 AC
Building Size 1,216 SF
No. Stories 1
Year Built/Renovated 2006/2024
Zoning NONE - UNRESTRICTED

AMENITIES

SITE AMENITIES

  • 24 Hour Access
  • Laundry Facilities
  • Cabana
  • Furnished Units Available
  • Listing ID: 35057143

  • Date on Market: 3/7/2025

  • Last Updated:

  • Address: 820 Forest View Dr, Blanco, TX 78606

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