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66 Unit RV Park 2705 Dickinson Ave 64 Unit Mobile Home Park For Sale 7.50% Cap Rate Dickinson, TX 77539

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INVESTMENT HIGHLIGHTS

  • Lot size: 3.6 Acres with city utilities
  • (2) one bedroom cottages & (1) 2,650sf equipped restaurant building
  • Laundry facilities on site
  • 64 full hookup 60'x25' RV sites, 30/50 amps
  • Bathhouse on property with (2) unisex restrooms and showers
  • Value-add opportunity.

EXECUTIVE SUMMARY

Introducing Palms RV Park in Dickinson, TX—an exceptional investment opportunity that combines a prime location, abundant amenities, and promising growth prospects. Located at 2705 Dickinson Avenue, this park offers a place to stay nestled between Houston and Galveston [1].
The parks proximity to various attractions amplifies the experience for visitors. Camper favorites include Murder By Chocolate, local coffee and tea shops, dinner theaters, Escape Games, the Kemah Boardwalk, amusement parks, the Dickinson Festival of Lights, the Bayou Wildlife Park, Boardwalk Beast, Space Center Houston, and Lake Nassau Park.
Within the park itself, guests enjoy large full hook-up sites, free Wi-Fi, laundry facilities, and restrooms. Additionally, a 2650 sq ft is currently set up as restaurant but can be transformed into a retail shop or a club house equipped with coin-operated machines for the park, providing an avenue for additional income. This space holds great potential to enhance the park's offerings.
The versatility of the building allows for various possibilities. Should you choose to convert the restaurant into a club house, the ample parking area can be utilized to add more spots or even tiny homes, increasing the value of the property and attracting a broader clientele.
Investing in Palms RV Park is not only a great opportunity but also a wise choice given the growth prospects in the area. Dickinson, TX, is a thriving community with increasing development and economic activity. The park's strategic location places it amidst a region poised for expansion, offering the potential for long-term success and profitability.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type Investment
Cap Rate 7.50%
Sale Condition Business Value Included
No. Units 64
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class C
Lot Size 3.60 AC
Building Size 2,650 SF
Average Occupancy 50%
No. Stories 1
Year Built 2010
Zoning CR - Conventional Residential

AMENITIES

UNIT AMENITIES

  • Office

SITE AMENITIES

  • Fenced Lot
  • Laundry Facilities
  • Playground
  • Security System
  • Pet Play Area
  • Trash Pickup - Curbside
  • Community-Wide WiFi
  • Listing ID: 29023426

  • Date on Market: 2023-07-17

  • Last Updated:

  • Address: 2705 Dickinson Ave, Dickinson, TX 77539

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