176 County Road 304
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176 County Road 304
6,000 SF Specialty Building Offered at $974,936 CAD at a 10.67% Cap Rate in Orange Grove, TX 78372
INVESTMENT HIGHLIGHTS
- One two-bedroom apartment and two studio apartments
- Perfect for weddings, quinceañeras, corporate meetings and as a music venue.
- Large event center with stage
- 10 Existing RV spots with separate meters
EXECUTIVE SUMMARY
Prime Event Space with RV Spots,Discover a unique opportunity to own a versatile ± 6100 sq ft bar-event center complete with a stage. This venue is known for hosting live music events. With 10 existing RV spots this country property is primed for expansion. Included are one two bedroom and two studio apartments, offering convenient on-site accommodations and newly updated.Outdoor pavilion and barbecue area. This space has hosted many RV's during boom oil periods too. The property also boasts a spacious parking area for up to 80 cars. Capitalize on the income potential by renting out RV spots and event spaces. Perfect for weddings, quinceañeras, corporate meetings and as a music venue. This is an exceptional investment for business owners looking to create a thriving event venue with significant growth potential and multiple in place current and future streams of income. The property is a 1.8 acre property with simply the RV units, the event center and the parking area. Additional land of approximately 2 acres is available if buyer desires to expand the RV park or build cabins. This additional land could accommodate as many as 40 new RV spots. All that would be required is septic permits and an additional transformer.
PROPERTY FACTS
| Price | $974,936 CAD | Building Class | C |
| Price Per SF | $162 CAD | Lot Size | 1.80 AC |
| Sale Type | Investment | Building Size | 6,000 SF |
| Cap Rate | 10.67% | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2014 |
| Property Subtype | Trailer/Camper Park | Parking Ratio | 13.33/1,000 SF |
| Price | $974,936 CAD |
| Price Per SF | $162 CAD |
| Sale Type | Investment |
| Cap Rate | 10.67% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 1.80 AC |
| Building Size | 6,000 SF |
| No. Stories | 2 |
| Year Built | 2014 |
| Parking Ratio | 13.33/1,000 SF |
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 12087-008-000-00 | Improvements Assessment | $35,459 CAD |
| Land Assessment | $56,398 CAD | Total Assessment | $91,857 CAD |
PROPERTY TAXES
Parcel Number
12087-008-000-00
Land Assessment
$56,398 CAD
Improvements Assessment
$35,459 CAD
Total Assessment
$91,857 CAD
ZONING
| Zoning Code | None (This is a country property. County requires permits for septics or septic additions.) |
| None (This is a country property. County requires permits for septics or septic additions.) |
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176 County Road 304
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