2022 Us Highway 67 Rankin, TX 79755
This exceptional turnkey RV park, Rancho Grande, presents a lucrative investment opportunity in the thriving Permian Basin region of Texas. Located at 2022 US Hwy 67, Rankin, TX, this property boasts a substantial 87,120 square feet on a 2-acre lot, offering convenient access to major highways (Hwy 67, 349, and 329). Built in 2019, the park features 45 oversized RV spots, each 30 feet wide and 45 feet long, providing ample space for RVs and additional vehicles. Each spot is equipped with both 35-amp and 50-amp electrical hookups. Resident convenience is ensured with an on-site laundry facility including three washers and three dryers. The park's strategic location benefits from the diverse economic activity of the Permian Basin, including wind exploration, solar fields, pipeline operations, and oil & gas exploration. The current on-site manager is willing to continue their employment, ensuring a smooth transition for the new owner. This is a remarkable opportunity to acquire a well-established and profitable business in a high-growth area. The asking price is $395,000. This turnkey operation offers immediate income potential and significant upside for a savvy investor.
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
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.