258 SE CR 4110

Mt Vernon, TX 75457

Home and RV Park for sale on +/- 5.8 Acres in Franklin County, Texas. The Park is located close to I-30, a major east-west route through Texas. It is also convenient to the Tri-Lakes area, just minutes away from Lake Cypress Springs, Lake Bob Sandlin, and Lake Monticello. There are abundant opportunities for outdoor recreation including boating, fishing, hunting, camping, and more! The park is very well situated to take advantage of both visitors and more permanent residents looking for a slower pace of life and access to the outdoors. The park was started in 2020 and began with just two spaces. It has rapidly grown over the next several years, and now has 21 full hook ups and a large (2,100 SF) 5 bed 3 bath home on the property. The home is currently occupied by the owners, but could be rented for additional revenue or used as a park office. There are a number of long term tenants (currently 14) and there are also a number of construction related tenants who are there for the solar facility nearby. There are no long term leases in place so a new owner would be free to raise rents if desired. The overnight traffic is regular but not significant. This could be increased with advertising, but the current owners do not do any at this point. The park averages 80-85% occupancy on a regular basis. There is also a small laundry facility on the property which brings in some additional revenue. The Park is serviced by municipal water and electric, and there are septic systems for the sewer. There are several individually metered spaces for the electric, but the owners have not chosen to use them as yet. The owners provide the maintenance of the grounds and trash service is provided by a local company.

Listing courtesy of Ed Parrish of Dumbbell Properties, LLC



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Data Last Updated - 2024-09-08 02:30 AM UTC