6127 Highway 6 - Sunset Rv Resort-Hitchcock, TX 77536 2,052 SF Specialty Building Offered at $3,698,217 CAD at a 6.82% Cap Rate in Hitchcock, TX 77563

Value Added opportunity. Land to add additional sites. This Park has been updated. Concrete Pads have been added to all Sites, Upgraded Electrical, Plumbing, Baths, High fiber internet, and Laundry facilities. 73 Sites Plus Storage Bldg. Ready for an entrepreneur to bring this park occupancy up since the updates have been completed. Great location with a short drive to Galveston Beaches. Enjoy all nearby Bay Access for fishing, sailing, and other water activities. Multiple opportunities here, with the additional land to add more RV sites, Cabins, or park amenities. The Park is one of the closest RV parks to the Texas City Industrial Complex and Plants. Sunset RV Park gives the refinery, plant workers, winter Texans, and weekenders a quiet, comfortable, and safe place to come to rest and enjoy the many activities the area has to offer.
**Don’t miss this opportunity; the occupancy has been steadily increasing since the new updates were completed.
Proforma based on increasing occupancy and Estimated Expenses. - See in Due Diligence Link. Currently at 62%, increase occupancy with your management skills for a higher Cap rate, More Cash flow, and Higher profits. Buyer may verify all numbers during the due diligence.