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Northshore RV Park 168 Butler 89 Unit Mobile Home Park $4,772,810 CAD ($53,627 CAD/Unit) 8.45% Cap Rate Onalaska, TX 77360
Investment Highlights
- Irreplaceable Lakefront Real Estate – sits directly on the shores of Lake Livingston, one of the top five largest lakes in Texas at over 93,000 acres
- Embedded Upside Through Marina Reactivation – The marina infrastructure is in place but currently non-operational
- Diversified Revenue Profile – In-place income is generated across RV sites, cabin rentals, glamping accommodations, watercraft rentals, and more
- Proximity to Major Texas Population Centers – Located approximately one hour north of Houston and within easy driving distance of both Dallas & Austin
- Municipal Utilities – Operates on city water and city sewer. For buyers and their capital partners
- Year-Round Operating Asset – Lake Livingston generates demand across all four seasons — summer lake recreation, fall fishing, and more
Executive Summary
Patrick Graham
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
License # 528005, 9005919 (TX)
Matthews Real Estate Investment Services, Inc
2699 Howell St., Suite 400, Dallas, TX 75204
(866) 889-0550
Property Facts
| Price | $4,772,810 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $53,627 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 8.45% | Building Size | 86,000 SF |
| Gross Rent Multiplier | 8.78 | No. Stories | 1 |
| No. Units | 89 | Year Built | 1995 |
| Property Type | Multifamily |
| Price | $4,772,810 CAD |
| Price Per Unit | $53,627 CAD |
| Sale Type | Investment |
| Cap Rate | 8.45% |
| Gross Rent Multiplier | 8.78 |
| No. Units | 89 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Garden |
| Building Class | B |
| Building Size | 86,000 SF |
| No. Stories | 1 |
| Year Built | 1995 |
Amenities
Unit Amenities
- Cable Ready
- Kitchen
- Wi-Fi
Site Amenities
- Laundry Facilities
1 1
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,018,305 CAD | |
| Land Assessment | $1,139,205 CAD | Total Assessment | $2,157,510 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,139,205 CAD
Improvements Assessment
$1,018,305 CAD
Total Assessment
$2,157,510 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Northshore RV Park | 168 Butler
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