4120 N US Highway 281 - Little Lucy RV Park
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4120 N US Highway 281 - Little Lucy RV Park
3,774 SF Specialty Building Offered at $5,953,374 CAD in Lampasas, TX 76550
Investment Highlights
- RV Park
- US-HWY 281 Frontage
- Excess land
Executive Summary
Little Lucy Rv Park is located on ~67 acres four miles north of Lampasas, Texas on Highway US-281. The RV Park has 73 units situated on Little Lucy Creek. The property has plans to add restaurant, office, laundry and amenities. Property boasts over 1000 feet of highway frontage on US-281 and river front RV sites on little lucy creek . Additionally, the property has roughly 15 acres of undeveloped excess land.
The owner is in the process of drilling a commercial well to eliminate public utilities expense.
Huge expansion opportunities!
Financials and Survey available upon request.
The owner is in the process of drilling a commercial well to eliminate public utilities expense.
Huge expansion opportunities!
Financials and Survey available upon request.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$306,335
|
$81.17
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$306,335
|
$81.17
|
| Taxes |
$21,859
|
$5.79
|
| Operating Expenses |
$152,019
|
$40.28
|
| Total Expenses |
$173,878
|
$46.07
|
| Net Operating Income |
$132,457
|
$35.10
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $306,335 |
| Annual Per SF | $81.17 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $306,335 |
| Annual Per SF | $81.17 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,859 |
| Annual Per SF | $5.79 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $152,019 |
| Annual Per SF | $40.28 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $173,878 |
| Annual Per SF | $46.07 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $132,457 |
| Annual Per SF | $35.10 |
Property Facts
| Price | $5,953,374 CAD | Building Class | C |
| Price Per SF | $1,577 CAD | Lot Size | 67.43 AC |
| Sale Type | Investment | Building Size | 3,774 SF |
| Sale Conditions | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2020 |
| Property Subtype | Trailer/Camper Park |
| Price | $5,953,374 CAD |
| Price Per SF | $1,577 CAD |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 67.43 AC |
| Building Size | 3,774 SF |
| No. Stories | 1 |
| Year Built | 2020 |
Amenities
- Waterfront
About 4120 N US Highway 281 , Lampasas, TX 76550
See site plan
PROPERTY TAXES
| Parcel Number | 10727 | Total Assessment | $1,411,125 CAD |
| Land Assessment | $684,748 CAD | Annual Taxes | $21,859 CAD ($5.79 CAD/SF) |
| Improvements Assessment | $726,377 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10727
Land Assessment
$684,748 CAD
Improvements Assessment
$726,377 CAD
Total Assessment
$1,411,125 CAD
Annual Taxes
$21,859 CAD ($5.79 CAD/SF)
Tax Year
2024
zoning
| Zoning Code | None (No Zoning Regulations) |
| None (No Zoning Regulations) |
-
Greg Rubiola -
Seve Alexander -
South Texas Realty Services
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4120 N US Highway 281 - Little Lucy RV Park
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