4650 Robertson Road,Fort Worth, TX 76135
Fort Worth, TX 76135
Description
RV Park Investment Opportunity-Value-Add Upside Established RV park with in-place cash flow 13 total pads with 5 currently occupied Immediate upside through lease-up of 8 vacant pads Stabilization potential through increased occupancy and rent optimization True Value-Add Opportunity Significant upside driven by underutilized marketing and leasing efforts Current ownership does not actively advertise the property and has no on-site signage, limiting visibility and inbound demand Ability to rapidly increase NOI through filling vacant pads with minimal capital investment Potential for ancillary income (on-site storage, laundry, or service fees if implemented) Investment Overview Purchase Price: $700,000 In-Place NOI: $43,809.85 In-Place Cap Rate: ~6.26% (based on current occupancy) Significant upside through lease-up of 8 vacant pads and operational improvements Sale will include all land associated with the RV park improvements. Final boundaries to be determined by Buyer during due diligence via replat Highlights Immediate cash flow with clear path to increased returns Simple, easy-to-manage asset class Strong upside through lease-up of existing infrastructure (no major development required) Ideal for investors seeking yield with operational upside
Details
| MLS # | 21245797 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 2019 |
| Days On Site | 167 |
| Listing Provided By | Renfro Real Estate Advisors | M. Clint Renfro |
Features
| SQ Feet | 1,000 |
|---|---|
| Story(s) | 1 |
| Zoning | Fort Worth ETJ |
| Acreage | 1.00 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating | Other |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Rock/Stone |
| Foundation Details | Slab |
Parking
| Parking Features | Asphalt |
|---|
Utilities
| Utilities | Septic, Well |
|---|
Taxes
| Unexempt Taxes | 126 |
|---|---|
| Tax Legal Description | KUYKENDALL, CATHERINE A SURVEY ABSTRACT 901 T |
Area Information
| State | TX |
|---|---|
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76135 |
| Area | Tarrant |
| Community Name | KUYKENDALL, CATHERINE A SURVEY Abstract 901 Tract |
| Listing VS Median (in KUYKENDALL, CATHERINE A SURVEY Abstract 901 Tract) | |
Price: $700,000 low | high Med: $109,900 sqft: 1,000 low | high Med: 1,958 $ / sqft: $700 low | high Med: $56 On site: 167 low | high Med: 5 | |
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Learn More About This Property
| State | TX |
|---|---|
| County | Tarrant |
| City | Fort Worth |
| Zip Code | 76135 |
| Area | Tarrant |
| Community Name | KUYKENDALL, CATHERINE A SURVEY Abstract 901 Tract |
| Listing VS Median (in KUYKENDALL, CATHERINE A SURVEY Abstract 901 Tract) | |
Price: $700,000 low | high Med: $109,900 sqft: 1,000 low | high Med: 1,958 $ / sqft: $700 low | high Med: $56 On site: 167 low | high Med: 5 | |