Current Use by Public Records
- Marshall Meadows RV & Tiny Home Village / Campground & RV Park
Property Details for 2226 Blocker Rd
- Year built
- 2024
- Lot size
- 40.99 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
This exceptional 40.992-acre RV park, Marshall Meadows RV & Tiny Home Village, presents a lucrative investment opportunity. Built in 2024, the property boasts 39 RV pads and 28 buildings, currently operating at 95% occupancy with a waiting list for tiny homes. The park features two points of entry and a stocked pond, enhancing its appeal. Generating a strong NOI of $379,455 and a 10.12% cap rate, this property offers significant potential for immediate returns. The asking price is $3,750,000, translating to $96,153.85 per pad. Strategically located in Marshall, Texas (zip code 75672, at 2226 Blocker Rd, Harrison County), the park benefits from strong demographics, with over 30,656 residents within a 5-mile radius. Its proximity to major transportation arteries, including I-20 (36,706 vehicles per day) and US-59 (9,459 vehicles per day), further enhances its accessibility and market potential. The location also offers convenient access to Longview (32 miles) and Shreveport/Bossier City (37 miles), expanding its market reach and attracting a diverse clientele. Significant room for expansion exists, promising future growth and increased profitability. This is a turnkey operation with immediate cash flow, making it an ideal investment for discerning buyers seeking a high-return, low-risk venture in a thriving market.
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
- Marshall
- County
- Harrison
- State
- Texas
- Longitude
- -94.286
- Latitude
- 32.4546
