Liberty RV Park (For Sale)

About This Property

The advertised 8.2% cap rate is based on actual trailing -12 month gross income and adjusted operating expenses, including customary underwriting allowances. It reflects current, below-stabilized occupancy and does not include projected revenue from future RV site or self-storage lease-up. Potential lease- up income is not included in the advertised NOI or cap rate. Rare opportunity to acquire a diversified RV, mobile home, and self-storage portfolio in Liberty, Texas. The offering consists of two properties totaling approximately 22.35 acres and includes a combined 94 RV sites, 53 mobile home sites, 42 drive-up self-storage units, and multiple additional income-producing improvements. The properties are offered as a portfolio; however, the seller will consider offers for either property individually. Highway 90 RV Resort & Storage is situated on approximately 7.28 acres with prominent frontage along Highway 90. The property includes 89 full-hookup RV sites with 30/50-amp service, park-owned RV units included in the sale, 42 drive-up self-storage units, a commercial laundry facility, restrooms and showers, a pet area, pull-through sites, a pond with fountain, and an equipment/storage building. A currently vacant onsite four-bedroom, two-bath residence offers potential for additional rental income, onsite management, or another permitted use. The property is served by public water and sewer. The RV and self-storage property represents the primary value-add component of the portfolio. The RV sites are currently operating below 50% occupancy, and the storage units remain in lease-up, providing an opportunity to increase revenue through improved marketing, operational management, tenant retention, and continued occupancy growth. A purchaser should also anticipate additional capital investment to address property improvements and support the asset’s stabilization and long-term performance. The scope, timing, and cost of any capital improvements should be independently evaluated by prospective purchasers. Liberty Mobile Home & RV Park encompasses approximately 15.07 acres and includes 53 mobile home sites and five RV sites. The property provides an established income base together with opportunities to fill available units or spaces and enhance operations. Tenants are responsible for utilities, and the property is served by well and septic systems. 45 park-owned mobile homes. Together, the properties generate revenue from RV site rentals, mobile homes and lot rentals, park-owned RVs, self-storage, laundry operations, and the onsite residence. The combination of an established mobile home park and a value-add RV and self-storage property provides diversified income with potential operational and lease-up upside. The portfolio is located in Liberty, Texas, with access to Highway 90 and the greater Houston market. The two properties are approximately 10 miles apart, supporting convenient shared management and operational oversight while serving distinct residential and RV tenant segments within the Liberty area. Gross income reflects the combined trailing-12-month operating history provided by the seller. Adjusted NOI includes underwriting allowances for certain customary expenses that may not be fully reflected in the historical operating statements, including management, repairs and maintenance, administrative, legal, advertising, grounds maintenance, licensing, and related expenses. All financial information, rent rolls, occupancy figures, acreage, site counts, utilities, improvements, property conditions, capital-expenditure needs, and projections are provided for marketing purposes only, are believed reliable, but are not guaranteed. Prospective purchasers should independently verify all information, inspect the properties, evaluate anticipated capital requirements, and complete their own financial and operational due diligence. Any future income, occupancy growth, or value-add potential is subject to marke

Contact Information

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Location

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