Current Use by Public Records
- Specialty properties
Property Details for 6300 Fm 3081
- Year built
- 2021
- Lot size
- 6.68 lot acres
- Property type
- Specialty properties
- Property subtype
- Mobile home & RV parks
Description
This exceptional 6.68-acre RV park and storage facility, built in 2021 and renovated in 2023, presents a compelling investment opportunity in the rapidly growing Willis, Texas market. Located near Lake Conroe, this Class B property boasts 45 individually metered concrete RV spaces, each with ample room for private yards and storage. The park features a community pavilion complete with restrooms, showers, coin-operated laundry, vending machines, and high-speed internet access. Infrastructure includes two 40 GPM wells, a private septic system, and 110/30/50 amp electric pedestals. Approximately two acres of undeveloped land offer significant expansion potential. Currently operating at 50% occupancy, the property generates a NOI of $74,097, with a pro-forma NOI projected at $175,000, representing a 5.29% cap rate and a pro-forma cap rate of 12.50%. The asking price is $1,400,000, translating to $31,111.11 per pad and $262,447 per acre. The property is offered fee simple and is conveniently located near major roadways, including Interstate 45 and SH-69/59, providing easy access to amenities and attractions. This turnkey operation is ideal for an investor seeking strong returns in a thriving Texas market. The property's APN is 136098.
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
- Willis
- County
- San Jacinto
- State
- Texas
- Longitude
- -95.3091
- Latitude
- 30.4304
