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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

1029 Fm 2094 Kemah, TX 77565

5.64 ac lot Built 2018
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity: This Class A, stabilized RV park in Kemah, TX boasts 105 units (95 RV sites, 10 cabins, 4 suites) on 5.641 acres. Built in 2018, the property features a 90% occupancy rate, generating a pro-forma NOI of $525,250 and a 9.56% cap rate. Amenities include spacious RV sites with 20/30/50-amp hookups, 15 overflow parking spaces, a clubhouse, laundry facility, on-site store, storage shed, and a golf cart. Additional features include a swimming pool, a dog park, a 54' x 6' fishing pier on Jaroe Bayou, and state-of-the-art fiber optics Wi-Fi and surveillance cameras. The property is conveniently located within walking distance of restaurants and minutes from the Kemah Boardwalk. All amenities and furnishings convey. This turnkey operation offers significant upside potential with its high occupancy and desirable location. The asking price is $5,495,000.

Property profile
Verified
Property type Mobile home & RV parks
Year built 2018
Lot 5.64 ac (245,722 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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