3100 Moore St - Tra RV Park
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3100 Moore St - Tra RV Park
10,000 SF Specialty Building Offered at $3,234,720 CAD in Pecos, TX 79772
Investment Highlights
- Tra is a majority long-term stay RV park with average rates of ~$522 and running ~33% occupancy.
- Market rates which are ~$809
- Management in-place with current out-of-area owner and ready for stabilization post-membership
- By converting to a public park without memberships and increasing advertising spend the occupancy could be stabilized around 65-70%
- Located just off I-20 with easy access to regional employment and amentities including being directly across the street from the new county rec center
- Opportunity to grow revenue by adding cabin sites, converting standard sites to premium, adding premium WiFi and Cable options, vending, etc.
Executive Summary
Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, is delighted to present the offering for sale of the Tra (Tr-AY) RV Park, a 170-site RV park located in Pecos, Texas, 1-hour from Odessa in the heart of West Texas. Pecos, famous for its claim as home to the “World’s First Rodeo”, invites travelers to delve into the cowboy culture at the West of the Pecos Museum, Texas Rodeo Hall of Fame, and annual rodeo events.
Strengthened by its location in the Permian Basin, the park serves as a convenient haven for both local and regional workers, as well as travelers passing through.
Conversion from a majority-membership park to a traditional park provides opportunity for a new buyer to purchase the property below-replacement cost and lease up and stabilize the park over a 1-3 year period.
Strengthened by its location in the Permian Basin, the park serves as a convenient haven for both local and regional workers, as well as travelers passing through.
Conversion from a majority-membership park to a traditional park provides opportunity for a new buyer to purchase the property below-replacement cost and lease up and stabilize the park over a 1-3 year period.
Data Room Click Here to Access
Property Facts
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PROPERTY TAXES
Parcel Number | 0015078 | Improvements Assessment | $250,995 CAD |
Land Assessment | $130,279 CAD | Total Assessment | $381,274 CAD |
PROPERTY TAXES
Parcel Number
0015078
Land Assessment
$130,279 CAD
Improvements Assessment
$250,995 CAD
Total Assessment
$381,274 CAD
zoning
Zoning Code | NEC (Commercial) |
NEC (Commercial) |
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3100 Moore St - Tra RV Park
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