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- LoopNet Team
8858 W Goforth Rd
Kilgore, TX 75662
RV Park · Land For Sale
·
6.50 AC
Investment Highlights
- High occupancy
- Wooded lots
- High Cap Rate
Property Facts
| Property Type | Land | Proposed Use | Commercial |
| Property Subtype | Commercial | Total Lot Size | 6.50 AC |
| Zoning | C - All permits for water and sewer have been approved and workmanship according to the State of Texas. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.50 AC |
| Zoning | C - All permits for water and sewer have been approved and workmanship according to the State of Texas. |
Description
Pine Tar RV Park (8858 W Goforth Road, Kilgore, TX) is located on 6.5 acres of pine trees in East Texas and was established almost 2 years ago. 96% occupied. Spots are surrounded by trees and less than 1 mile from Interstate 20. Mix of 1/2 concrete and asphalt pads. City Water and septic. Sites are not metered individually, but could be using Emporia for less than 1 years electrical bill. Additional 17 (total of 45) concrete spots have water, electric and slabs poured. Septic will be installed end of December. We have a waiting list. Additional 5 spots available to build. 12 Park owned homes. Current rental rate is between $350 and $750 per month all bills paid, which is well below market rate.
Property Taxes
| Parcel Number | 12277 | Improvements Assessment | $157,780 |
| Land Assessment | $18,280 | Total Assessment | $176,060 |
Property Taxes
