40-Pad RV Park with Real Estate — Implied ~10.9% Cap Rate | Collin County, TX

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Description

First Choice RV Park is a modern, income-producing RV park constructed in 2022, located in Blue Ridge on the northeastern edge of the Dallas–Fort Worth metroplex — one of the fastest-growing regions in the country. The offering comprises the real property with 40 developed pad sites together with the operating business and goodwill, sold as a single package priced on the earnings of the operation. Each gravel-paved site has individual water, sewer, and electric hookups and its own tree, and the property features a fenced playground and fishing pond. Seller-reported results show approximately $400,000 in net operating profit over the trailing fifteen months (~$321,000 annualized), an implied capitalization rate of approximately 10.9% at the asking price — well above the 6.0–8.0% range of comparable North Texas RV park trades. A June 2026 prospective as-stabilized appraisal of $2,430,000 by a certified general appraiser covers over 82% of the offering price in real property alone. The existing parcel is fully built out; land immediately adjacent to the site is available for acquisition, offering a path to roughly double the site count. Unincorporated location with no zoning restrictions. NDA required for full offering package.

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