352 Bradshaw Rd Springtown, TX 76082
- Mobile home & RV parks
- 6.00 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 352 Bradshaw Rd
- Year built
- 2024
- Lot size
- 6.00 lot acres
- Property type
- Mobile home & RV parks
- APN
- R63097
Description
This exceptional investment opportunity presents a 35% ownership stake in the established Bradshaw Sunset RV Park in Springtown, Texas. Located on six acres at 352 W Bradshaw Rd, 76082, this thriving park boasts 60 RV sites, each equipped with individual electric meters, water hookups, and sewer connections to a central septic system. Amenities include paved roads, synthetic turf, sprinklers, and some sites offer additional storage. Residents enjoy convenient access to Wi-Fi, laundry facilities, and a dog park. Two apartments and two short-term rental units further enhance revenue streams. The park is 100% complete and currently accepting leases, with on-site management ensuring consistent performance and immediate lease-up. Built in 2024, the park features two single-story buildings. The asking price is $1,321,250, representing a pro-forma cap rate of 8.41% and a pro-forma NOI of $511,480. The current occupancy is 5%, with an occupancy date of September 1, 2024, and a lease term of 0.5 years commencing September 1, 2024, and expiring February 28, 2025. Lease options are month-to-month, and rent bumps are included. The property is owned by a corporation and is sold as a 35% ownership interest. This is a stabilized investment with solid, repeatable performance, offering a clear path to success. The property's APN is R63097. The price per pad is $22,020.83.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springtown
- County
- Parker
- State
- Texas
- Longitude
- -97.695378152568
- Latitude
- 32.945744317392
