158 Private Road 221 Aquilla, TX 76622
- Mobile home & RV parks
- 0.46 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 158 Private Road 221
- Year built
- 2024
- Lot size
- 0.46 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
This exceptional investment opportunity presents a fully occupied, four-pad RV park in Aquilla, Texas, boasting stunning Hill Country views near the Brazos River. Built in 2024, this turnkey operation sits on a 0.463-acre lot and features individual septic systems, water hookups (50/30/20 amp connections), and attractive picnic pergolas with solar lighting for each pad. Currently generating a $14,700 annual NOI and an 18.61% cap rate, the park commands a 100% occupancy rate (as of March 15, 2024). The asking price is $79,000, or $19,750 per unit. Current lease agreements range from $400 to $450 monthly. The property is conveniently located 15 minutes from amenities like Starbucks and the Czech Stop in West, Texas, and within easy reach of Lake Whitney and Waco. The existing office/cabin building offers potential for value-add opportunities, such as a laundromat or snack bar. Additional space allows for expansion with features like a dog park or extra amenities. Owner financing is available with a 20% down payment and 8% interest on a 3-year note. This is a rare chance to acquire a high-performing, established RV park with significant upside potential in a desirable location. The property is zoned N/A. The private road serves a mixed-use community.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Aquilla
- County
- Hill
- State
- Texas
- Longitude
- -97.2929
- Latitude
- 31.8119
