Wandering Oaks RV Park
 
10502 I-20 Frontage Rd, Eastland, TX 76448
$3,200,000
Offering Price
8.15 %
Cap Rate
116
Total Sites
$260,782
NOI
Wandering Oaks RV Park
  • Currently a total of 107 Full hook up sites located on Interstate 20, between Fort Worth and Abilene. This property is in an opportunity zone with approximately 32 acres with possibility of adding more sites on vacant 12 acres. Current owners have and are currently enhancing the features of this park, but there is still awesome opportunities to add more value.
  • All financials are estimated as this is a brand new park with room to grow!
This Park has been opening in phases since September 1, 2020
  • Completed - Phase 1: 61 full hookup sites with 30/50 amp electric and wifi, crushed limestone roads and pads, small managers residence, office with 2 bathrooms and a small store, bathhouse with 4 private bathrooms, a laundry room with 4 coin-operated washers and 4 coin-operated dryers, fenced in dog run, all completed in September of 2020
  • Completed May 2022- Phase 2: 46 full hookup sites 30/50 amp electric and WiFi internet with crushed limestone roads and pads and a beautiful nature trail.
  • Phase 3: community pool Completed July 22
  • In Planning stages - Phase 4: room to add 40 to 60 sites and 10 more storage sites, and additional bath house
  • Close proximity to shopping and restaurants, yet it is situated in a natural wildlife setting. Area Attractions Include: Lake Leon,a 38,000-acre-foot lake with great fishing, located seven miles southeast of Eastland; and Eastland Lake, a 100-acre lake northwest of downtown, golf courses, numerous parks, museums, etc
  • Listing agent has a vested interest in this property, and is one of the members of the LLC
FOR MORE DETAILS CONTACT
Heidi Stevens
Realtor
(970) 260-7856
has5540@gmail.com
Lic: CO - 40028151 AZ - 524445000