224 Winding Way Buchanan Dam, TX 78609

Exceptional investment opportunity in Buchanan Dam, Texas. This established Class B RV park, known as Edgewater Resort, boasts 52 pads situated on a 6.96-acre lot at 224 S Winding Way, 78609. The property includes 5 cabins, 18 mobile home sites, a clubhouse, and a swimming pool, offering diverse income streams. Built in 1980, the park currently generates a Pro-Forma NOI of $190,000, representing a 7.31% Pro-Forma Cap Rate at an asking price of $2,600,000 ($50,000 per unit). The property's location on over 600 feet of Lake Buchanan waterfront presents significant redevelopment potential, including the possibility of marina expansion. This turnkey operation provides immediate cash flow and substantial upside for a savvy investor. The property is classified as a Mobile Home Park and Multifamily investment, ideal for those seeking a strong return on investment in a desirable Texas location. The park's existing infrastructure and diverse unit mix provide a solid foundation for future growth and profitability. Don't miss this chance to acquire a well-established, high-performing RV park with significant expansion potential.