Current Use by Public Records
- Mobile home & RV parks
Property Details for 19230 Morris Ave
- Year built
- 2007
- Lot size
- 35.95 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Mixed-use properties
Description
This exceptional investment opportunity presents a fully operational 52-lot RV resort situated on 35.951 acres in Manvel, Texas. Built in 2007 and renovated in 2023, the resort boasts a 91% occupancy rate (as of September 2024) with each lot currently leased at a competitive $550 per month. The property encompasses a substantial 1,566,026 square feet and enjoys excellent visibility and accessibility due to its prime location along Highway 6. The resort offers multiple revenue streams including RV lot rentals, water resort amenities (swimming, scuba diving, and swim classes), and equipment rentals. Furthermore, the property has the potential to expand by adding up to 36 more RV lots, significantly increasing revenue. Over $200,000 in furniture, fixtures, and equipment are included in the sale price of $6,900,000. This turnkey operation presents a rare opportunity to acquire a well-established and profitable business in a high-growth area. The resort's strong performance and expansion potential make it an attractive investment for discerning buyers seeking a stable and lucrative return. The address is 19230 Morris Ave, Manvel, TX 77578.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manvel
- County
- Brazoria
- State
- Texas
- Longitude
- -95.3724
- Latitude
- 29.472
