-PRICE REDUCED - HIGH CASH ON CASH RETURN. 1270 RV Ranch is a newly constructed, stabilized RV park with an outstanding location in the rapid growth market of Midland, TX.-Recent completion of 27 additional sites to bring the total site count to 118. Tremendous opportunity to purchase the community at an attractive basis and fill the additional sites to increase the already robust cash flow.-Strong (projected high double digit) year one total returns.-Ability to implement daily rates and attract more transient tenants staying at the park to take advantage of the close proximity to Interstate 20.-The majority of tenants are long-term residents that allow the park to maintain high occupancy and stable cash flows.-The community features an attractive office with a laundry facility as well as clean restrooms and showers available for use from 5 A.M. to 10 P.M.-Recently completed storage units available for rent to tenants.-Security cameras are installed throughout the park to monitor activity.-All sites equipped with both 30 and 50 amp service and WiFi is available to residents.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
