RV Park with Leased
New
For Sale
$785,900
14340 N Highway 75, Willis, TX 77378
An operating property combines occupied RV sites with a separately leased shop and controlled entry.
Property Size2,600 SF
Price / SF$302.27
Days on Market7
Property Features for 14340 N Highway 75
General Information
Standard status
Active
Size
2,600 SF
Property subtype
Multi-Family
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Building Details
Year Built
2018
Listing Agency:
Terra Residential Services,Inc
Listed By:
Castle Team
(346) 644-6879
Source:
Castleteam
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 5 at 6:49PM
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 Terra Residential Services,Inc
Investment Insights
Based on property information with market context.
This RV park in Willis includes 11 sites, with 7 leased, alongside a 2,600-square-foot storage and shop building that is also leased. A private automatic gate controls vehicle access, and the property was built in 2018.
The site is approximately 2 minutes from I-45 and 3 minutes from H-E-B, Chick-fil-A, Starbucks, and area shopping and dining. The property is unrestricted, with room for possible expansion or other uses subject to permitting, utility capacity, and applicable requirements.
The site is approximately 2 minutes from I-45 and 3 minutes from H-E-B, Chick-fil-A, Starbucks, and area shopping and dining. The property is unrestricted, with room for possible expansion or other uses subject to permitting, utility capacity, and applicable requirements.
Key Highlights
- 11 RV sites, with 7 currently leased
- Leased 2,600 SF storage and shop building
- Private automatic gate controls site access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,318
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,360
$546.4K
Cap Rate 7%
$390,257
$390.3K
Cap Rate 9%
$303,533
$303.5K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$52.7K $20.28/SF
− Vacancy
−$3.1K −$1.18/SF
EGI
$49.7K $19.10/SF
− OpEx
−$22.4K −$8.60/SF
NOI
$27.3K $10.51/SF
Area
Montgomery County, TX
Vacancy
5.80%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$546,360
Cap Rate 7%
$390,257
Cap Rate 9%
$303,533
Alternative Uses
Best Use
Apartment 5plus
$390.3K
$341.5K – $455.3K
NOI $27,318 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$656.4K
$574.3K – $765.8K
NOI $45,946 @ 7.0% cap · market cap 5.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 77378, TX
17,417
Population
6,503
Households
2.7
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
89.1 sq mi
ZIP Area
195
Density / Sq Mi
$68,595
Median Household Income
$38,221
Median Earnings
$1,408
Median Rent
$177,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - An operating property combines occupied RV sites with a separately leased shop and controlled entry.
Where is this mobile home & rv park located?
The property is located at 14340 N Highway 75 Willis, TX.
What is the asking price?
The asking price for this property is $785,900.
What are key features of this property?
This property features: 11 RV sites, with 7 currently leased; Leased 2,600 SF storage and shop building; Private automatic gate controls site access
