2022 Hwy Rankin, TX 79778
This exceptional investment opportunity presents the Rancho Grande RV Park, situated on 2 acres at 2022 Highway 67, Rankin, TX. The park boasts 45 spacious RV sites, each measuring 30 feet wide by 45 feet long, providing ample room for guests. Each site includes electric hookups, ensuring convenient and comfortable stays. The park's infrastructure includes two separate septic systems and a private water well, guaranteeing reliable service. A convenient on-site laundromat adds to the guest experience, enhancing the park's appeal. Located in the heart of the Permian Basin, a region known for significant economic activity, Rancho Grande RV Park benefits from a strong potential customer base. The park's current setup includes a property manager who is willing to continue their role, offering a seamless transition for the new owner. This turnkey operation presents a compelling investment opportunity in a thriving area. The asking price is $395,000. This is a rare chance to acquire a well-established and profitable RV park with significant growth potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.