RV Park With Furnished
For Sale
$1,299,900
3001 Highway 35, Aransas Pass, TX 78336
Established hospitality property combining furnished short-term accommodations, full-hookup RV sites, workshops, and on-site support facilities.
Property Size6,628 SF
Price / SF$196.12
Days on Market14
Property Features for 3001 Highway 35
General Information
Standard status
Active
Size
6,628 SF
Property subtype
Industrial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
9 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
10
Additional Details
Furnished
Yes
Amenities
coin-operated laundry
covered porch
Concrete Driveway, Gravel.
Landscaped. US Highway.
Building Details
Year Built
2016
Stories
1
Listing Agency:
South Texas Realty, LLC
(361) 425-5566
Listed By:
Emma Hubbs · License #0842443
(361) 425-5566
Source:
Xome
Added: Aug 8
Changed: Aug 18
Last Checked: Aug 21 at 4:18AM
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 South Texas Realty, LLC
Investment Insights
Based on property information with market context.
This established hospitality property includes 9 fully furnished 1bd/1ba Derksen cottages, one 2bd/1ba tiny-home Derksen cottage, and one unfinished Derksen building that could be converted into an additional tiny home. The furnished units include private bedrooms, full bathrooms, kitchens, living and dining areas, and covered porches. Six concrete RV sites provide water, sewer, and 30/50-amp electrical service. Additional improvements include a 30’X40’ single-bay metal workshop, a 40’X60’ double-bay metal workshop, an office/storage building, and a coin-operated laundry facility with a private restroom.
Located at 3001 Highway 35 in Aransas Pass, the property has dual entrances, wide interior drives, and Highway 35 frontage. TX Dot traffic count data indicates approximately 14,000 vehicles pass daily. The site is approximately 10 miles from Port Aransas, 12 miles from Rockport, and 20 miles from Corpus Christi. The layout includes room for additional accommodations or other uses identified in the existing improvements.
Located at 3001 Highway 35 in Aransas Pass, the property has dual entrances, wide interior drives, and Highway 35 frontage. TX Dot traffic count data indicates approximately 14,000 vehicles pass daily. The site is approximately 10 miles from Port Aransas, 12 miles from Rockport, and 20 miles from Corpus Christi. The layout includes room for additional accommodations or other uses identified in the existing improvements.
Key Highlights
- 9 fully furnished 1bd/1ba Derksen cottages
- 1 – 2bd/1ba tiny‑home Derksen cottage
- 6 concrete RV sites with water, sewer, and 30/50‑amp electrical service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,291
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,085,820
$1.1M
Cap Rate 7%
$775,586
$775.6K
Cap Rate 9%
$603,233
$603.2K
Market Conditions
NOI Build-Up for 6,628 SF
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.
Gross rent
$112.9K $17.04/SF
− Vacancy
−$14.2K −$2.15/SF
EGI
$98.7K $14.89/SF
− OpEx
−$44.4K −$6.70/SF
NOI
$54.3K $8.19/SF
Area
San Patricio County, TX
Vacancy
12.60%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,085,820
Cap Rate 7%
$775,586
Cap Rate 9%
$603,233
Alternative Uses
Best Use
Apartment 5plus
$775.6K
$678.6K – $904.9K
NOI $54,291 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$3.40M
$2.98M – $3.97M
NOI $238,011 @ 7.0% cap · market cap 18.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
10
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 78336, TX
12,009
Population
6,577
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
87%
High-School Grad
60.0 sq mi
ZIP Area
200
Density / Sq Mi
$58,536
Median Household Income
$37,297
Median Earnings
$1,182
Median Rent
$204,200
Median Home Value
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 - Established hospitality property combining furnished short-term accommodations, full-hookup RV sites, workshops, and on-site support facilities.
Where is this mobile home & rv park located?
The property is located at 3001 Highway 35 Aransas Pass, TX.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: 9 fully furnished 1bd/1ba Derksen cottages; 1 – 2bd/1ba tiny‑home Derksen cottage; 6 concrete RV sites with water, sewer, and 30/50‑amp electrical service
