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Property profile & analytics
OFF-MARKET
Specialty properties

139 Pr 1537 Rd Decatur, TX 76246

75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 75-acre Texas RV resort presents a lucrative investment opportunity. Currently featuring 45 developed sites with chip seal roads, two cabins, a paved boat launch, and a 600-foot fishing dock situated on 10.55 acres with 1500 feet of Lake Bridgeport frontage, this established business boasts a strong pro-forma NOI of $681,948 and an 11.56% cap rate. The property, located at 139 Pr 1537 Road, Bridgeport, TX 76246, is part of a larger five-phase development plan, with Phase 2 currently under construction. The asking price is $5,900,000, representing a price per unit of $125,531.91. This turnkey operation offers stunning lake views and a variety of amenities, including nature trails, making it an ideal destination for outdoor enthusiasts. The resort has been operating successfully for over 70 years, providing a strong foundation for continued growth and profitability. The gross lease structure and multi-tenancy provide a diversified income stream. Detailed financial information is available upon request. This is a rare chance to acquire a well-established, high-performing RV resort in a desirable Texas location.

Property profile
Verified
Property type Specialty properties
Lot 75 ac (3,267,000 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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