3050 Biscayne Blvd, Miami, FL 33137
Multi-community RV portfolio with municipal water and sewer and 30/50 amp hookups across sites.
Property Features for 3050 Biscayne Blvd
General Information
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Investment Insights
Based on property information with market context.
The portfolio is described as operating at about 90% occupancy year-round, with a large long-term component, as most residents are reported to live in the park for 6 months or longer, plus some transient occupancy and a small MHC component of about 30 sites at one community.
The current owner has identified opportunities to increase revenue, including adjusting rents toward market value. There is also potential to add about 50 additional RV sites using vacant acres at a few communities, as well as room for roughly 50 additional RV storage sites at one community. The offering also notes that some concrete has been laid on a portion of the RV sites, and while there are no major CAPEX requirements described, there may be selective areas to refresh over time.
Key Highlights
- About 550‑site, multi‑community RV resort portfolio in Texas with 90% year‑round overall occupancy.
- All RV sites have 30/50 amp hookups and are serviced by municipal water and sewer.
- Amenities at each community include swimming pools, high quality showers, restrooms, clubhouses, recreation rooms, paved roads, off‑street parking, and on‑site laundry.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
Demographics for 33137, FL
Market
Vacancy Rate% for Multifamily in South region