Current Use by Public Records
- Specialty properties
Property Details for 176 Co Rd
- Year built
- 2016
- Property type
- Specialty properties
- Property subtype
- Mobile home & RV parks
Description
This 4.83-acre Texas property offers a unique investment opportunity. Built in 2016, it includes a 12-unit RV park with independently metered sites, three apartments (one two-bedroom, two studios), and a 6,100 sq ft event center complete with a full bar and stage. The property boasts a roping arena with spectator stands, a concession stand, and an announcer booth. Ample space exists to expand the RV park by 40+ sites and the existing unpaved event parking accommodates 80+ vehicles. The property features a 100-foot deep well (with approximately 60 feet of water) and a septic system. The property is classified as Class B and offers a 9% cap rate. The asking price is $900,000. All measurements and data should be independently verified. This multi-purpose property presents significant upside income potential and is located in Orange Grove, Texas, in Jim Wells County, at 176 Co Rd 304, zip code 78372.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Orange Grove
- County
- Jim Wells
- State
- Texas
- Longitude
- -97.9761
- Latitude
- 27.9955
