19299 Us-59 Garrison, TX 75946
This exceptional 86-acre Texas property offers a lucrative investment opportunity as a thriving RV park and cabin retreat. The property boasts 27 units, including 24 RV spaces and 3 charming cabins, all situated on a picturesque landscape featuring Tiger Branch Lake. Amenities include a versatile event space and a convenient laundry facility. The main residence, separate from the park and cabins, provides a luxurious retreat with a gourmet kitchen and stunning living room. High visibility is ensured by 753 feet of frontage on US-59, a major highway with a high average daily traffic count (9,573-10,003). The property's location in Garrison, Nacogdoches County, Texas (zip code 75946, APN 7426) provides easy access to outdoor recreation, including fishing, kayaking, and paddle boarding. The property is classified as a Class B multifamily investment, with a total square footage of 3,746,160. This unique combination of recreational amenities and high-traffic location presents a compelling investment opportunity for both owner-users and investors seeking a strong return. The asking price is $2,800,000.
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
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Property description
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