1029 Fm 2094 Kemah, TX 77565
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.
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
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.