1400 Commerce Street, Vernon, TX 76384 - Wilbarger County

Great opportunity in North Texas to purchase a cash flowing RV park! Located just off of Highway 287 halfway between Dallas-Fort Worth and Amarillo, this property receives an average of more than 16,000 cars daily. Currently being offered at a 10% ROI, this park is perfect for an owner/operator or as part of a larger portfolio.

PARK DETAILS:

Vernon RV Park sits on 10.73 +/- acres of land on a paved road, with visibility from the highway. A neighbor with direct highway frontage allows the park to keep a tall 8' x 17' sign to attract customers. Park information, including recent improvements, financials, projected growth and local information is available in detail under "VERNON RV PARK-BUYER PACKAGE" attached to this listing, but here is a short summary:

- 71 spaces, including 28 pull through slots and 43 back in spots

- Electric, city water & sewer hookups at each spot (potential for fiber optic high speed internet too, as a new line was just installed down Commerce St.)

- On site laundry room facility and separate men's and women's bathrooms with showers

- Office building with owner's golf cart

- Owner's residence included: 2020 5th wheel Wildcat 31WB RV with 3 slide-outs and residential fridge

- Three internet domains, one website

- Established business, been in business for decades

This park is very clean, with lots of recent updates and improvements. The town of Vernon has several restaurants, factories, a Walmart, hospital and junior college. The community is agriculturally based, and the park benefits from seasonal harvesters, local oil & gas activity, nearby wind turbine farms and other seasonal construction projects, in addition to travelers from Highway 287.

LIST PRICE: $699,000

(Property can be purchased for $659,000 without owner's 5th wheel trailer, office building and golf cart.)

For any questions or to see this park in person, contact agent Benjamin Belew at cell phone (940) 357-9940.