140 Doyle Drive, Portland, TX 78374
RV park with potential for income generation.
- Added:
- Jul 14, 2024
- Days on Market:
- 714
- Last Refresh:
- May 12 at 9:12 pm
Property Features for 140 Doyle Drive
General Information
- Standard status
- Active
- Size
- 1,296 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1975
Listing office AGM Real Estate (361) 222-0116
Listing date Jul 14, 2024
Source Xome
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of AGM Real Estate
HighLights
- Seller willing to owner finance with acceptable offer.
- Established RV park with 4 spots.
- Includes 2 mobile homes, garage, and 1 RV.
- Investment opportunity in a growing RV park market.
- Property has assigned parking.
- Motivated seller.
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.1k | $17.04 |
| − Vacancy | −$2.8k | −$2.15 |
| EGI | $19.3k | $14.89 |
| − OpEx | −$8.7k | −$6.70 |
| NOI | $10.6k | $8.19 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- San Patricio
- State
- Texas
- Longitude
- -97.34458
- Latitude
- 27.888931
