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1432 FM 1929 - O.H. Ivie RV Park & Boat Storage 17,600 SF Specialty Building Offered at $1,605,308 CAD at a 7.49% Cap Rate in Voss, TX 76888
INVESTMENT HIGHLIGHTS
- Located near Lake OH Ivie, one of the premier bass fishing lakes in Texas
- Major thoroughfare frontage
- 10.00 acres with lots of room for expansion
- Low vacancy property
EXECUTIVE SUMMARY
The OH Ivie RV Park and Boat Storage consists of 10 RV spaces with full hook ups and 30-amp and 50-amp services available. Each rental unit comes with a secured roll-up door for vehicle or boat storage. The park was originally built in 2024 and is in good condition. The property is located on FM 1929 just minutes away from Lake OH Ivie, one of the premier bass fishing lakes in the state, if not the nation. It is situated on 10 acres, which allows a buyer to expand the footprint and add more units. The property is gated and equipped with a security system and WIFI. Each unit is insulated under cover. The owners have indicated they receive calls all the time asking for more units.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
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1432 FM 1929 - O.H. Ivie RV Park & Boat Storage
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