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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

101 Bay Ave Seadrift, TX 77983

2,361 SF Built 2009
Property ID
US82-5882301
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving waterfront RV park and marina pavilion situated on the picturesque San Antonio Bay in Seadrift, Texas. The property boasts 11 RV sites, each equipped with 30 and 50 amp hookups, and ample parking. The park also includes 10 rental units: five newly constructed coastal-style cottages, a custom boathouse/hotel rental, a Cape Cod-style tiny home with covered carport and storage, a manager's house and office, and two park model trailer rentals, all fully furnished and move-in ready. Cottages feature private decks offering stunning bay views. The property includes a large waterfront pavilion, perfect for events, adding significant revenue potential. Built in 2009 and renovated in 2021, the property sits on a 61,825 sq ft lot, encompassing 2,361 sq ft of building space across ten single-story buildings. An adjacent waterfront lot is included in the sale, presenting significant expansion possibilities. This turnkey operation is located in a high-demand area, close to major industrial plants and popular tourist destinations, ensuring consistent occupancy and strong rental income. The property's prime location and diverse revenue streams make it an ideal investment for those seeking a profitable and attractive coastal property. The asking price is $1,199,900.

Property profile
Verified
Property type Mobile home & RV parks
Year built 2009
Total area 2,361 SF
UPID US82-5882301
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
Current use
Occupant on record · Public records
  • Breezy Palms Cottages & RV Park Vacation Rental
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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