5640 Twin Buttes Marina Park Rd San Angelo, TX 76904
- Mobile home & RV parks
- 435,000 SF
- 10.00 lot acres
Current Use by Public Records
- Lakeview Rv park San Angelo tx / Rv Park
Property Details for 5640 Twin Buttes Marina Park Rd
- Year built
- 2020
- Lot size
- 10.00 lot acres
- Property size
- 435,000 SF
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
Exceptional investment opportunity: This Class A, 51-unit RV park in San Angelo, Texas, boasts 400,000 square feet of rentable space on a 10-acre lot. Built in 2020, the property features 51 pads with 90% occupancy (as of February 3, 2020), generating a strong NOI of $305,000 and a 11.62% cap rate. The asking price is $2,625,000, translating to $6.03 per square foot and $51,000 per unit. Located at 5640 Twin Buttes Marina Park Rd, San Angelo, TX 76904, this stabilized commercial investment is conveniently situated near major amenities including Sam's Club, HEB, Walmart, and Chic-Fil-A, and just one minute from Lake Twin Buttes. The property is zoned commercial and benefits from its proximity to 15,000 acres of public recreation land. The single-story building offers ample parking (51 spaces) and requires minimal staffing. This turnkey operation presents a rare chance to acquire a high-performing asset with significant upside potential. The land value alone is estimated at $65,000 per acre. This is a truly exceptional opportunity for a discerning investor.
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
- San Angelo
- County
- Tom Green
- State
- Texas
- Longitude
- -100.563
- Latitude
- 31.3999