Lazy Frog RV Park
Southwest Region
$725000
This is a great park, easily run by one person.
Currently, it is 50% full and growing.
I purchased the park in July 2021. At that time, there were only the house and 10 pads. I have added 38 pads, for a total of 48. The current cap rate is 7%.
PROOF OF FUNDS WILL HAVE TO BE SENT.
I’m semi-retired and have other endeavors I want to pursue.
Location: 20 County Road NW 1030, Mt. Vernon, Texas, 75457.
On the corner of state highway 37 N. and county road 1030. County baseball fields and a small county airport are within walking distance. Downtown Mt. Vernon is only 1.5 miles away, where there are multiple restaurants and shopping. Interstate 30 is 2 miles away with other restaurants, truck stops, etc.
Approximately 12 miles from beautiful Lake Cypress Springs and 20 miles from Lake Bob Sandlin.
We are 12 minutes from one solar field and 20 minutes from another, with more to come.
The RV park sits on 5 acres.
The park has 48 pads with water, septic outlets, electric 50, 30, and 110 amp outlets at all sites, county water, an on-site private septic system, and security cameras.
The pads and road’s are gravel.
The pads are 30 feet wide and 60 feet from front to back.
There is a 1200-square-foot house with 3 bedrooms, 1 and a half baths, and an office on the property, (the current manager lives there). The house could be rented out for $800.00 to $1200.00 per month.
Currently, there are no park bathrooms, showers, or laundry. I do have the engineered drawings for the laundry water discharge system. There is a building on site for the laundry. There are lots of trees in the park.
WiFi is there.
Lot rent is $500.00 per month and we pay the electric.
Web site: thelazyfrogrvpark.com
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