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Property profile

701 Mesquite St Fulton, TX 78358

OFF-MARKET
Mobile home & RV parks
3,026 SF 3.81 ac lot Built 1975
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Property summary

AI-generated overview

Exceptional investment opportunity: The Driftwood RV Park in Fulton, Texas, presents a lucrative chance to own a thriving coastal RV park. This 3.81-acre property boasts 56 fully occupied RV sites, each equipped with 30 & 50 amp hookups, pull-through access, concrete pads, cable, and Wi-Fi. The park's amenities include a spacious clubhouse with a full kitchen, a manager's house (2 bed, 2 bath), a separate office, laundry facilities, cabana restrooms and shower house, and a refreshing swimming pool with a covered entertainment deck. Built in 1975, the park comprises four single-story buildings totaling 3,026 square feet. The park's prime location in Aransas County, Texas (zip code 78358, 701 Mesquite St) places it within easy reach of Rockport's renowned beaches and attractions. The property's 100% occupancy rate and strong location in a highly desirable tourist destination make it an exceptional investment opportunity with significant potential for future growth and profitability. The asking price is $2,900,000.

Property profile

Verified
Property type Mobile home & RV parks
Year built 1975
Total area 3,026 SF
Lot 3.81 ac (165,964 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

701 Mesquite St Fulton, TX 78358
Fulton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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