100 KATIE SIMPSON AVENUE, GOODRICH, TX 77335

13 acre RV Park for sale. Approved for 80+Mobile homes, RV Spots or cabins. 20 spots are finished. Opened in April. This is a situation where owner started the park and has done an excellent job building but ran out of funds to finish the spots. TONS OF VALUE ADD OPPORTUNITY! City water. City sewer. 60 lbs. of water pressure for the entire park. 6 in. sewer lines. 8 (200 Amp) meters. Conduits and wiring ran for propane sales. Cost to finish propane setup is $5k, however it will be the only place in the city to sell propane. Just 5 minutes from Lake Livingston, major shopping, restaurants and the city of Livingston. 1-hr commute to downtown Houston. Park has 1.5 acre pond, large new bathhouse, laundry facilities, office building and is located across the street from the public schools. Value add includes billing back utilities, add coin operated washers & dryers & increase rents to market rates. Very conservative Projected NOI upon completion of 80 spots $360,000 annually.