General Overview:

The Quail RV park consists of 23 RV spaces with a laundry building.

The property is located on at the intersection of 10th Avenue and Ennis Street, just north of Highway 87. It is in close proximity to San Angelo, TX with 100,000 residents and home to San Angelo Regional Airport. The park offers easy access the heavily traveled Highway 87, which connects San Angelo to Midland/Odessa. There have been numerous wind, solar, and oilfield traffic in the area in the past 5 years.

It has public water, public sewer, and electricity (30 & 50 amp).

Location:

The property is located on the southeast corner of the intersection of Ennis Street and 10th Street in Sterling City, TX.

Highlights:

• On-site laundromat
• 30 & 50 AM plug-ins
• Easy access from US Highway 87
• Public Water, Public Sewer, Electricity, and Wi-Fi included in rental rate

Financial Info:

• Reconstructed 2022 NOI $30,740
• List Price $255,000
• Cap Rate 12.05%

Comments:

• Number of Units 23 RV Spaces
• Cap Rate 12.05%
• Reconstructed 2022 NOI $30,740
• Lot Size 0.9640 AC

Disclaimer:

The information contained herein has been gathered from sources deemed reliable; however, Keller Williams Realty, Sterling Property Group, LLC, 2185 Properties, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt or Anthrax), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property, the buyers agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Keller Williams Realty.