2520 E Hwy 199, Springtown, TX 76082

$1,000,000

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List Price: $1,000,000
MLS#: 21326724
Status: ACTIVE
Type: Commercial
Subtype: CommercialSale
Year Built: 2010
Construction Status: Preowned
Acres: 9.89
County: Parker
City: Springtown
Subdivision: SEE ATTACHED TAX RECORDS

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Property Description

Value-Add RV Park & Storage Facility on approximately 9.885 acres with 415' prime highway frontage & exceptional income-producing potential. This unique commercial property features 34 RV sites with 33 individual electric meters, including 9 covered spaces. Covered RV sites have historically rented for approximately 270.00-month & uncovered sites for approximately 220.00-month. The property also includes approximately 99 storage containers currently utilized as individual storage rentals, with rental rates historically ranging from 70.00-99.00-month. Additional site improvements include piped top-rail fencing along the highway frontage, gated entry, asphalt drive throughout much of the property, and full perimeter fencing. Improvements include a 37x21 office building with 1.5 baths and multiple office spaces, propane tank, attached 82x29 warehouse, and an additional 41x41 concrete slab with metal framework already in place for future expansion. Two additional metal buildings measure approximately 80x25 each and are situated on concrete slabs. Residential improvements include a 2010 doublewide manufactured home measuring approximately 32x58 with a 10-foot concrete porch surround, ramp entrance, and two 10x10 carports; a 48x15 single-wide manufactured home with 10x19 carport; a red frame home near the entrance measuring approximately 45x27 on pier-and-beam foundation; and an additional white frame home located at the front of the property. According to the seller, the property is served by approximately 16 septic systems & 3 water wells. The current owner has begun winding down operations and is not accepting new tenants, creating an excellent opportunity for a new owner to reposition, improve, and maximize the property's income potential. Significant room for future expansion exists on the unused acreage located toward the rear of the property. Property is being sold AS-IS. Buyer to independently verify all information, measurements, utilities, and capacity.

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