4620 Kennedale New Hope Rd Fort Worth, TX 76140-7808
Property profile & analytics
4620 Kennedale New Hope Rd Fort Worth, TX 76140-7808
- Mobile home & RV parks
- 3,852 SF
- 5.75 lot acres
Property ID
US82-2460628
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- DFW Mid-Cities RV Park / Campground & RV Park
Property Details for 4620 Kennedale New Hope Rd
- Year built
- 1990
- Lot size
- 5.75 lot acres
- Property size
- 3,852 SF
- Property type
- Mobile home & RV parks
- APN
- 9761G--A
- APU
- 9761GA
Description
This exceptional Class A RV park, located in Fort Worth, Texas (Tarrant County, zip code 76140, at 4620 Kennedale New Hope Rd), presents a compelling lease-up opportunity. Boasting 103 spacious RV sites, each equipped with full hookups (water, sewer, hardwired fiber internet, and individually metered electricity), this 9.92-acre property offers significant upside potential. The park, completed in February 2024, features two buildings: a substantial clubhouse and a separate, recently updated 2000 sq ft, 4 bedroom, 2.5 bathroom home. The clubhouse includes seven full bathrooms, a laundry room with six washer/dryers, a game room with a kitchen and dining area, a workout room, three management offices, and a fully equipped outdoor kitchen. Two half-acre dog parks (one fully fenced) cater to pet owners. Currently operating at 55% occupancy as of August 1st, 2024, the pro-forma NOI is $856,665, yielding a 10.38% cap rate at an asking price of $8,250,000. The park's design fosters a strong sense of community, attracting residents seeking a stable, communal environment. Its convenient location between Dallas and Fort Worth, near I-20 and South Arlington, ensures high demand. This is a rare opportunity to acquire a high-quality, newly built RV park with substantial growth potential. The modified lease type and multi-tenancy structure offer flexibility.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.2241
- Latitude
- 32.615
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$11,394
$250,427
$2,154,377
$2,404,804
-
$250,427
$2,154,377
$2,404,804
