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5403 W 7th

Texarkana, TX 75501
  • $1,385,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 109831
UPDATED: 53 min ago
$1,385,000
  • 0
    BEDS
  • 9.75
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Brand new RV park for sale! This development features short term stay rentals. 30 day maximum stay and they have to renew if they want to stay longer term. There are currently 50 RV spaces with full hook ups to electric, city water, city sewer, and Sparklight fiber internet. Current rates will be $485/month and will increase to $525/month after they fill up. Weekly and day stays at a higher rate per day are available as well, but the current owner wants to keep 30 day stays. The property boasts of almost 10 acres, so there is ample room to develop about 50 more spaces if the new owner chooses to do so. The development has an office building in the front and another building in the back to utilize as a bath house and a laundromat. The projected net income on this development is stated to be $240,000 per year. Plus, you will gain a section on W. 7th St. that will be perfect for some type of commercial development such as retail, restaurant, convenience story, warehouse, or anything else you can think of! Owner will sell the frontage by itself for $8.00/sf.

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© 2022 Texarkana Board of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Infinity. Data last updated: 2022-08-17T23:40:36.64.
www.sellingtexarkana.com/homes/130668227
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5403 W 7th Texarkana, TX 75501

  • Price: $1,385,000
  • Status: Active
  • On Site: 41 Days
  • Updated: 53 min ago
  • MLS #: 109831
0
Beds
0
Baths
0
½ Baths
9.75
Acres
Neighborhood:
Nancy Dycas A-145
County:
Bowie
Area:
T12 Liberty-Eylau
Property Description
Brand new RV park for sale! This development features short term stay rentals. 30 day maximum stay and they have to renew if they want to stay longer term. There are currently 50 RV spaces with full hook ups to electric, city water, city sewer, and Sparklight fiber internet. Current rates will be $485/month and will increase to $525/month after they fill up. Weekly and day stays at a higher rate per day are available as well, but the current owner wants to keep 30 day stays. The property boasts of almost 10 acres, so there is ample room to develop about 50 more spaces if the new owner chooses to do so. The development has an office building in the front and another building in the back to utilize as a bath house and a laundromat. The projected net income on this development is stated to be $240,000 per year. Plus, you will gain a section on W. 7th St. that will be perfect for some type of commercial development such as retail, restaurant, convenience story, warehouse, or anything else you can think of! Owner will sell the frontage by itself for $8.00/sf.
Exterior Features

Approx Lot Size 975 Construction None Apply Docks None Off Street Parking More Than 50 Spaces Roof Na Street Concrete

Interior Features

Ceiling Height None Apply Cooling None Door Height None Apply Door Width None Apply Electric AvailableOn Property Floors None Apply Heat None

Property Features

Current Taxes Per Year $1784.46 Gas None In City Limits No Leased Not Applicable Lot Number N/A Possession Closing Sewage City Type Commercial Water City Will Sell CashConventional

Listing information © 2022 Texarkana Board of REALTORS® MLS.
Listing courtesy of Landon Huffer of Realty Fanatics Group: 903-716-5950.
© 2022 Texarkana Board of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Better Homes and Gardens Real Estate Infinity. Data last updated: 2022-08-17T23:40:36.64.
 
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4602 McKnight Rd.
Texarkana TX, 75503