4514 Colorado St Monahans, TX 79756-8551
- Commercial real estate
- 1,266 SF
- 7.64 lot acres
Current Use by Public Records
- West Texas Sunshine Laundromat / (Bike/Boat/Book/etc) Store
- West Texas Sunshine RV Park / Campground & RV Park
Property Details for 4514 Colorado St
- Lot size
- 7.64 lot acres
- Property size
- 1,266 SF
- Property type
- Commercial real estate
- APN
- 4874
- APU
- 4874
Description
This exceptional investment opportunity presents a well-established RV park situated on a spacious 7.64-acre lot at 4514 S Colorado St, Monahans, TX. The park boasts a total of 66 RV spaces, with six featuring metal awnings for added convenience and protection. Currently, 50% of the spaces are occupied, presenting immediate income potential and significant upside for growth. On-site amenities include a manager's office, ensuring efficient park management, and laundry facilities for resident convenience. A fenced playground provides a safe and enjoyable space for children, while a newly constructed BBQ area offers a communal gathering space. The entire property is securely enclosed by a metal fence. The park's 1,200 square foot main building houses the manager's office and laundry facilities. Electric and water are included in the rental fees, adding value for residents. This turnkey operation is priced at $1,500,000 and offers a compelling return on investment in a growing market. The property's size and existing infrastructure provide ample room for expansion and further development, allowing for increased revenue streams and enhanced resident experiences. This is a rare opportunity to acquire a profitable and well-maintained RV park in a desirable location. The current occupancy rate and existing amenities provide a solid foundation for continued success and future growth.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Monahans
- County
- Ward
- State
- Texas
- Longitude
- -102.917
- Latitude
- 31.5409