Colonial Del Ray RV Park | 1717 Waldron Rd
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Colonial Del Ray RV Park 1717 Waldron Rd
2 Unit Mobile Home Park $20,104,839 CAD ($10,052,420 CAD/Unit) 7.10% Cap Rate Corpus Christi, TX 78418
Investment Highlights
- Seller Financing Available
- Amazing Amenities
Executive Summary
RV Park
Colonia Del Rey is a premier RV Park in Corpus Christi that provides investors the opportunity to purchase
a fully stabilized RV Park with an excellent operational history and customer satisfaction rating. The park
is fully developed with 217 full-hookup sites, the majority of which are concrete sites. The park has a 2023 year-to-date occupancy of 93.8% for Monthlys and 87.62% for nightly's continuing its strong historical track record suggesting rental growth opportunity. The park's primary source of rental income is generated from long-term monthly renters while daily and weekly stayers also frequent the park. Colonia Del Rey is a 2-minute drive from H-E-B, a 2-minute drive from Flour Bluff Elementary/Middle/High School, and a 14-minute drive from highly visited Whitecap Beach.
Colonia Del Rey is a premier RV Park in Corpus Christi that provides investors the opportunity to purchase
a fully stabilized RV Park with an excellent operational history and customer satisfaction rating. The park
is fully developed with 217 full-hookup sites, the majority of which are concrete sites. The park has a 2023 year-to-date occupancy of 93.8% for Monthlys and 87.62% for nightly's continuing its strong historical track record suggesting rental growth opportunity. The park's primary source of rental income is generated from long-term monthly renters while daily and weekly stayers also frequent the park. Colonia Del Rey is a 2-minute drive from H-E-B, a 2-minute drive from Flour Bluff Elementary/Middle/High School, and a 14-minute drive from highly visited Whitecap Beach.
Property Facts
| Price | $20,104,839 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $10,052,420 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 12.00 AC |
| Cap Rate | 7.10% | Building Size | 474,664 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1986 |
| Price | $20,104,839 CAD |
| Price Per Unit | $10,052,420 CAD |
| Sale Type | Investment |
| Cap Rate | 7.10% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 12.00 AC |
| Building Size | 474,664 SF |
| No. Stories | 1 |
| Year Built | 1986 |
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PROPERTY TAXES
| Parcel Number | 234384 | Improvements Assessment | $7,029,159 CAD |
| Land Assessment | $2,216,000 CAD | Total Assessment | $9,245,159 CAD |
PROPERTY TAXES
Parcel Number
234384
Land Assessment
$2,216,000 CAD
Improvements Assessment
$7,029,159 CAD
Total Assessment
$9,245,159 CAD
zoning
| Zoning Code | T-1B |
| T-1B |
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Colonial Del Ray RV Park | 1717 Waldron Rd
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