3124 Fm 2673 Canyon Lake, TX 78133
- Mobile home & RV parks
- 15,348 SF
- 3.29 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 3124 Fm 2673
- Lot size
- 3.29 lot acres
- Property size
- 15,348 SF
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
- APN
- 500800001400
Description
This exceptional Canyon Lake, Texas investment opportunity encompasses a thriving 3.288-acre mixed-use property featuring 48 units, including 11 full hook-up RV spaces, 34 boat storage units, and a small cottage. Six buildings, totaling 15,348 square feet, sit on this commercially and residentially zoned land. The property boasts 2,250 square feet of net rentable space, currently generating a NOI of $114,500 and a 3.58% cap rate, with an asking price of $3,200,000 ($208.50/sq ft). Fifteen parking spaces are available, and a warehouse with an existing lease adds to the income stream. Located at 3124 FM 2673, Canyon Lake, TX 78133 (APN 500800001400), this property presents a compelling opportunity for investors seeking a diversified portfolio in the desirable Texas Hill Country. The property's prime location and diverse revenue streams make it an attractive investment with significant potential for growth. The existing infrastructure and established tenant base provide immediate cash flow, while the ample land offers possibilities for future expansion. This turnkey operation is ready for a new owner to capitalize on its established success and further enhance its profitability.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Canyon Lake
- County
- Comal
- State
- Texas
- Longitude
- -98.1957434
- Latitude
- 29.8441849
