501 B St Crane, TX 79731

Property Details for 501 B St

Lot size

2.07 lot acres

Property size

87,120 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a 34-space RV park situated on a spacious 2.07-acre lot at 501 S B Street, Crane, TX. The property boasts a substantial 87,120 square feet and includes a single rental cabin and a single-wide duplex, currently generating consistent monthly income. The duplex houses two month-to-month tenants, contributing a combined $1550 in monthly rent. The average monthly rent for an RV space is approximately $500, with 85% occupancy currently achieved. The cabin and duplex maintain 100% occupancy, each commanding approximately $750 in monthly rent. All tenants are currently on month-to-month leases, offering flexibility for future management. The park is conveniently located just outside Crane city limits, providing a tranquil setting while benefiting from city water supply and a reliable septic system. All utilities—water, sewer, trash, and electricity—are provided to tenants as part of the rental agreements. This turnkey operation presents a strong cash flow potential with significant upside for growth through increased occupancy and rental rate adjustments. The property is priced at $645,000, representing a compelling investment in a thriving West Texas market. The substantial size of the property and existing infrastructure provide ample opportunity for expansion and further revenue generation.

Location Insight

City

Crane

County

Crane

State

Texas

Longitude

-102.471

Latitude

31.4633