201 Rock Crk Rd Graford, TX 76449-1901
- Commercial real estate
- 57,202 SF
- 29.47 lot acres
Dec 22, 2020
Current Use by Public Records
- Rock Creek Camp LP / Cabin Rental Agency / Log Cabins
- Rock Creek Camp & RV Resort LLC / Rv Park
Property Details for 201 Rock Crk Rd
- Year built
- 1990
- Lot size
- 29.47 lot acres
- Property size
- 57,202 SF
- Property type
- Commercial real estate
- APN
- 203630000
- APU
- 203630000
Description
Exceptional opportunity to acquire a thriving 84-site RV and mobile home park situated on the highly desirable Possum Kingdom Lake in Graford, Texas. This 27.83-acre property boasts unparalleled lake frontage, exceeding any other privately owned entity on the lake. The community includes 11 cabins, 41 long-term RV/MH sites, 20 tenant-owned mobile home sites, and 12 weekend RV sites. Amenities feature a resort-style pool, convenience store, coin-operated laundry, renovated boat ramp, fish cleaning station, boat docks, and a community/event center. Currently operating under current ownership, this property presents significant upside potential through market-rate rent adjustments, site development, additional cabin/tiny home construction, and enhanced marketing strategies. The park benefits from a public water provider and on-site septic holding tanks. Located outside city limits in Palo Pinto County, this property is ideally positioned to capitalize on the substantial tourism generated by Possum Kingdom Lake, which receives millions of visitors annually. The asking price is $5,000,000. This presents a unique investment opportunity with high barriers to entry and strong potential for future growth.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Graford
- County
- Palo Pinto
- State
- Texas
- Longitude
- -98.41
- Latitude
- 32.9535
- CBSA code
- 33420
- CBSA name
- MINERAL WELLS, TX MICROPOLITAN STATISTICAL AREA