RV Park with Storage
2520 E Highway 199 Springtown, TX 76082
For Sale
$1,000,000
RV sites and storage containers sit behind fenced drive access, supported by an on-site office and warehouse buildings.
Property Size7,325 SF
Lot Size9.89 Acres
Price / SF$136.52
Days on Market24
Property Features for 2520 E Highway 199
General Information
Standard status
Active
Size
7,325 SF
Lot size
9.89 Acres
Property subtype
Business Opportunities
Building Details
Year Built
2010
Listing Agency:
Lori Mayo Real Estate GroupLLC
(817) 798-4663
Listed By:
Lori Mayo · License #0460623
(817) 798-4663
Source:
Xome
Added: Jul 6
Changed: Jul 26
Last Checked: Jul 28 at 4:08AM
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 Lori Mayo Real Estate GroupLLC
Investment Insights
Based on property information with market context.
This value-add RV park and storage facility is offered for sale as-is and includes 34 RV sites with individual electric meters, including nine covered spaces. Additional improvements include approximately 99 storage containers used as individual storage rentals. Site infrastructure features piped top-rail fencing along the highway frontage, gated entry, asphalt drives throughout much of the property, and full perimeter fencing.
The property also includes a 37-by-21 office building with 1.5 baths and multiple office spaces, along with a propane tank and an attached 82-by-29 warehouse. There is also a 41-by-41 concrete slab with metal framework for potential future expansion, plus two additional metal buildings measuring approximately 80-by-25 each on concrete slabs.
Residential improvements on the property include multiple manufactured homes and frame homes, along with septic systems and water wells per the seller. The seller indicates the property is served by approximately 16 septic systems and 3 water wells, and notes room for future expansion on unused acreage toward the rear. The owner is winding down operations and is not accepting new tenants, and any buyer should independently verify all information, measurements, utilities, and capacity.
The property also includes a 37-by-21 office building with 1.5 baths and multiple office spaces, along with a propane tank and an attached 82-by-29 warehouse. There is also a 41-by-41 concrete slab with metal framework for potential future expansion, plus two additional metal buildings measuring approximately 80-by-25 each on concrete slabs.
Residential improvements on the property include multiple manufactured homes and frame homes, along with septic systems and water wells per the seller. The seller indicates the property is served by approximately 16 septic systems and 3 water wells, and notes room for future expansion on unused acreage toward the rear. The owner is winding down operations and is not accepting new tenants, and any buyer should independently verify all information, measurements, utilities, and capacity.
Key Highlights
- Approximately 9.885 acres with 415' prime US Highway frontage and fenced RV park/storage facility setup
- 34 RV sites with 33 individual electric meters, including 9 covered spaces (electric served)
- On‑site storage with approximately 99 storage containers used as individual storage rentals
Financial Insights For Self Storage
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 | $94.9k | $12.96 |
| − Vacancy | −$7.6k | −$1.04 |
| EGI | $87.3k | $11.92 |
| − OpEx | −$26.2k | −$3.58 |
| NOI | $61.1k | $8.35 |
7,325 SF · lease $12.96/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$873.4K
$764.2K – $1.02M
NOI $61,136 @ 7.0% cap · market cap 6.11%
Second Best
Warehouse
$727.7K
$636.7K – $849.0K
NOI $50,937 @ 7.0% cap · market cap 5.09%
Theoretical Best
Industrial
$7.28M
$6.37M – $8.49M
NOI $509,500 @ 7.0% cap · market cap 50.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Campground - RV sites and storage containers sit behind fenced drive access, supported by an on-site office and warehouse buildings.
Where is this campground located?
The property is located at 2520 E Highway 199 Springtown, TX.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 9.885 acres with 415' prime US Highway frontage and fenced RV park/storage facility setup; 34 RV sites with 33 individual electric meters, including 9 covered spaces (electric served); On‑site storage with approximately 99 storage containers used as individual storage rentals
