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    OFF-MARKET
    Mobile home & RV parks

    220 Cp St, Mentone, TX 79754

    63,250 SF 1.45 ac lot Built 2022
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents the Horseshoe RV Park, a thriving 25-unit RV park situated on a 1.45-acre lot in Mentone, Texas. Built in 2022, this property boasts a modern amenities building complete with showers, restrooms, and laundry facilities, ensuring comfort and convenience for residents. The park features a total of 63,250 square feet and has consistently maintained 100% occupancy since three months after its opening. Located conveniently behind a Valero Truck Stop, west of Odessa and south of Carlsbad, this location offers excellent visibility and accessibility. The property is serviced by city water and septic, and Wi-Fi is available throughout the park. This turnkey operation presents a rare chance to acquire a high-performing asset with significant potential for future growth. The asking price is $625,000. This is a remarkable opportunity to add a stable, high-return investment to your portfolio. The single building property is situated at 220 Camp Street, Mentone, TX 79754.

    Property profile
    Verified
    Property type Mobile home & RV parks
    Year built 2022
    Total area 63,250 SF
    Lot 1.45 ac (63,162 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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