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$4,500,000

994 U.S. 287, Claude, TX, 79019

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About this property

Located on Hwy 287 S offers tremendous visibility for this RV Park. 63 slips each with a pedestal for electrical, water, and sewer hook ups. The RV park also offers a 50 x 50 metal shop with laundry hookups, an office with a full bathroom, and an unpermitted billboard for use for advertising the park. Not only is there the added expansion in the shop, there is room for extra expansion. The property is operated on a public water district as well as having a separate well for the shop. Sewer facilities are permitted septic systems including an aerobic system which is designed to water the row of trees on the east side of the park. Surrounded by a metal fence, other amenities include a utililty/laundry building with showers and a park area for gathering. Occupancy is 100% with waiting list!

Investor Tools

$0Estimated Mortgage Balance
$4,500,000Estimated 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
$27,000 /month
Positive
Cash Flow Estimate:
$9,000 /month

Interested in this property?

Cindy Hays

Landmark Realty Amarillo

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Financing Details

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

City: Claude

994 U.S. 287 | Property Details | No Agent List