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    OFF-MARKET
    Commercial real estate

    35857 Marshall Hutts Rd, Rio Hondo, TX 78583

    Built 1992
    Property ID
    US82-9058829
    Property summary
    AI-generated overview

    This exceptional waterfront property, located at 35857 MARSHALL HUTTS RD, Arroyo City, TX 78583, presents a unique investment opportunity. Situated on a spacious 0.65-acre lot, this completely fenced-in RV park boasts significant income potential or the possibility of a large-scale residential retreat. The property includes two waterfront cabins, each capable of accommodating five guests, and a 37-foot travel trailer with three slide-outs and a fireplace, sleeping up to four. Nine RV spots are equipped with electric, water, and sewage hookups, with one spot featuring a substantial covered parking area. Additional amenities include an outside half-bath, a separate laundry facility with ample storage for supplies and linens, and a large fishing pier with three boat slips – one of which includes a lift and cover. Night fishing lights enhance the appeal. Recent renovations have been completed on the buildings and pier. A significant investment in infrastructure is evident with the installation of a commercial water meter at a cost of $25,000. This turnkey operation is ready for immediate income generation or personal enjoyment. The property's prime waterfront location in Rio Hondo, Cameron County, Texas, offers unparalleled access to recreational activities and stunning views. Built in 1992, this property is priced at $480,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1992
    UPID US82-9058829
    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
    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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