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596 Highway 317 - Millwood Landing Golf & RV Resort

6,068 SF Specialty Building Offered at $1,771,837 CAD in Ashdown, AR 71822

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Investment Highlights

Millwood Landing is a majority extended-stay membership park without an active member sales operation.
Market occupancy is 35-40% and market rates are $60+/night.
Management in-place with current out-of-state owner and ready for stabilization post-membership club.

All membership obligations remain with the seller and the property is primed and ready is primed and ready to be operated as a traditional RV park
Located on Millwood Lake, 20 minutes north of Texarkana and within 3 hours of Dallas and Little Rock, would have strong demand.as traditional rv park.
Opportunity to grow revenue by raising rates, improving traditional occupancy, optimizing transient/extended-stay site mix, etc.

Executive Summary

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, is delighted to present the offering to acquire Millwood Landing Resort, a 65-site RV & Golf Resort located in Southwest corner of Arkansas, on one of the states premier bass lakes, Millwood Lake. The resort features southern Arkansas’ longest 18-hole golf course, a par 72 challenging course woven through the tall and wispy pines and is located about 25 miles northeast of Texarkana and the Arkansa/Texas state line.
The resort currently operates as a membership campground and golf resort adding to the main attraction of its proximity to Millwood Lake and the recreational attractions that surround it.
The property has historically operated as part of a membership club which seeks to optimize membership revenue rather than property-level NOI.
This provides the opportunity for a buyer to purchase an underperforming property at a price well-below replacement cost and stabilize the property at a high double-digit unlevered yield.

Mildwood Landing Golf & RV Resort Arkansas Crexi Instructions

Property Facts

Price	$1,771,837 CAD	Building Size	6,068 SF
Price Per SF	$292 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1976
Property Type	Specialty	Parking Ratio	3.95/1,000 SF
Property Subtype	Trailer/Camper Park Specialty Parking Lot Specialty Self Storage Specialty Marina	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	207.00 AC

Price	$1,771,837 CAD
Price Per SF	$292 CAD
Sale Type	Investment or Owner User
Property Type	Specialty
Property Subtype	Trailer/Camper Park Specialty Parking Lot Specialty Self Storage Specialty Marina
Lot Size	207.00 AC
Building Size	6,068 SF
No. Stories	1
Year Built	1976
Parking Ratio	3.95/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.