Building Details

Year Built 2023

Tenancy Multi

Listed By: David Tietz · License #License(s): TX: 771881 Show Phone

Source: Marcusmillichap

Added: Jul 11 Changed: Sep 6 Last Checked: Sep 7 at 4:37AM

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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 David Tietz

Investment Insights

Based on property information with market context.

Water Tower RV Park is a 42-space RV park in West Orange, Texas. All spaces are back-ins and the property features concrete roads and pad sites throughout. The park provides high-speed internet and cable television. It is designed for monthly, long-term tenants.

Public remarks indicate the park is the only RV park allowed within the city of West Orange under local ordinance 3 58-A. The property is positioned as the closest RV park to the Golden Triangle Polymers plant, and it is described as being about a quarter mile from “chemical row,” which includes multiple chemical plants.

The park operates on city water and sewer. It has been maintained at an average of 93% occupancy since opening, and current operations are described as being managed by an on-site resident who handles leasing and rent collection, with additional support from her husband for small maintenance items. Tours require prior approval and should be scheduled through a Marcus & Millichap agent.

Key Highlights

• 42‑space RV park in West Orange, TX (only RV park permitted within city limits per local ordinance 3 58‑A)
• Opened in 2023 with an average 93% occupancy since opening for monthly, long‑term tenants
• 9.18% capitalization rate with current net operating income of $179,068

Property Analytics

Property Profile

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Turnkey business

Opportunity

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

214

Businesses Nearby

Explore this area Business Placement

Demographics for 77630, TX

29,317

Population

13,127

Households

2.2

Avg Household Size

39

Median Age

16%

College-Educated

90%

High-School Grad

95.8 sq mi

ZIP Area

306

Density / Sq Mi

$63,588

Median Household Income

$37,307

Median Earnings

$1,033

Median Rent

$163,700

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this mobile home & rv parks located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Forty-two back-in RV spaces with concrete roads and pad sites, managed on city water and sewer.

Where is this mobile home & rv park located?

The property is located at 605 Foreman Rd West Orange, TX.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: 42‑space RV park in West Orange, TX (only RV park permitted within city limits per local ordinance 3 58‑A); Opened in 2023 with an average 93% occupancy since opening for monthly, long‑term tenants; 9.18% capitalization rate with current net operating income of $179,068