605 Lakeshore Ln - Medina River RV Park & Camping 18 Unit Apartment Building Offered at $653,288 CAD at a 9.37% Cap Rate Bandera, TX 78003

The Medina River Retreat: High-Yield Investment Meets Hill Country Serenity Unlock a rare 9.37% cap rate at only 64% occupancy with a clear path to 18.25% pro-forma returns (no CapEx needed). Simple upside adjustments include: +Accept short-term guests (current operator doesn't allow short-term stays) +Enable online booking (reservations are currently handled by phone and in person meetings) +Increase average stay rates (current park rates are 28% below competition) 2.82-acres nestled in the prime Texas Hill Country corridor between San Antonio and Bandera, Medina River RV Park & Camping offers the perfect blend of rustic escape and modern convenience. This meticulously maintained property spans 16 full-hookup 20/30/50-amp RV sites, 2 tent sites (1 with 20-amp), and expansion potential for at least 15 more RV sites—all tucked away along the tranquil banks of the Medina River. The Infrastructure Advantage: Unlike many rural parks, this site is built for durability and ease of use. It is a "turnkey" dream designed for remote management: +Redundant Utilities: Dual water sources (City & Well) and fiber-optic internet. +Permitted Systems: 6 conventional septic systems and 6 metered electrical poles. +Premium Amenities: Extra-wide sites, mature privacy trees, on-site laundry, shower/restroom facilities, and exclusive riverfront access. Untapped "Value-Add" Potential: The property has been passively managed for years, leaving a massive "buy-and-build" opportunity on the table for the next owner: +Immediate Expansion: Space already available to add 6+ additional RV sites. +Revenue Optimization: Boost NOI instantly by implementing online bookings, market-rate adjustments, monetizing firewood, laundry, and Wi-Fi, and leasing the additional sites. +Diverse Income: A steady mix of cross-country travelers, weekend vacationers, and long-term residents ensures year-round occupancy.