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$450,000

NAL Estimated Property Value

2000 S Farm To Market Rd 1912, Amarillo, TX, 79118

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About this property

RV PARK - PERFECT expansion opportunity for all the development going on in the area. This RV park is conveniently located 5 miles east of Amarillo, between I-40 and Hwy 287, to catch traffic from both major highways! This +/-16 acre tract was developed in 2023, with 24 RV slips featuring 30/50 amp service, septic and water. 12 pull-through 16'x80' slips for larger RVs and easier maneuvering, and 12 16'x50' slips for back-in, long-term rentals. An insulated 15x20 shop houses the pressure tank and camera system, with plenty of room left for a tractor! The electric can be read from the distribution panel via Bluetooth or Wi-Fi. Develop the +/- 11 acres into boat/RV or self storage, mobile home development or even housing! Business name & logo can transfer. Agent has a financial interest.

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$450,000
Estimated Property Value
$0Estimated Mortgage Balance
$450,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
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Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

City: Amarillo

2000 S Farm To Market Rd 1912 | Property Details | No Agent List