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    103 Salt Flt Rd Bayside, TX 78340

    For Sale
    $525,000

    Profitable Texas RV Park, Stunning Views

    Property size:
    612 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 26-site RV park, nestled on 2.04 acres in Bayside, Texas, presents a lucrative investment opportunity. Boasting breathtaking waterfront views of Copano Bay, this established park offers 26 full-service sites with 30 and 50 amp hookups, accommodating both standard and large RVs. Each site includes a grassy area. The property includes three buildings: an 8' x 10' storage building, a three-car metal barn, and an RV storage carport. Built in 2018, the park benefits from city water and sewer services, ensuring efficient operation. The park's prime location near the Bayside Fishing Pier and Driscoll Rooke Covenant Park attracts numerous tourists and residents, providing consistent occupancy. The property's strategic position offers significant expansion potential, with room for at least 10-12 additional sites. This turnkey operation is ideally situated near popular Texas destinations like Corpus Christi, Rockport-Fulton, and Aransas Pass, further enhancing its appeal and revenue potential. The park's strong performance and prime location make it an attractive investment for those seeking a profitable and well-established waterfront RV park. The asking price is $525,000, representing a price per unit of $20,192.31 and a price per square foot of $857.84. The total square footage is 612. The property has 100% ownership.

    Property Features for 103 Salt Flt Rd

    General Information

    Property type
    Multifamily properties
    Square Feet
    612 SF
    Lot Size
    88,862 SF

    Building Details

    Year Built
    2018
    Buildings
    3
    Stories
    1
    Units
    26
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Bayside
    County
    Refugio
    State
    Texas
    Longitude
    -97.219552380776
    Latitude
    28.08584091203

    Nearby Similar for Sale

    • $56,000
      0.14 Acres

      Bayside, TX Land with Building

      Coastal lot with steel building near Copano Bay.
      608 First St, Bayside, TX 78340
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Profitable Texas RV Park, Stunning Views
    Where is this multifamily property located?
    The property is located at 103 Salt Flt Rd Bayside, TX.
    What is the asking price?
    The asking price for this property is $525,000.
    Request Owner's contact information
    103 Salt Flt Rd Bayside, TX 78340
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    Bayside, TX 78340
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    103 Salt Flt Rd Bayside, TX 78340
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