MYRA RV PARK - 1.83 +or- acres, Cooke County, TX
This property is located in the Myra community, 15 minutes west of Gainesville where I-35 & Hwy 82 intersect. 13 RV hook-ups, each with electric, water & private septic hook-ups, plus a metal carport. Currently fully rented; past two years have had 10 spots consistently rented. Each space is $450 per mo (bills included). Expenses to owner average $1K per mo for electric, $35 per mo for water, $1,111.67 annual property taxes (2019). Using a projected 20% vacancy, net income is $42K annually. List price of $375K = a 11% rate of return. Owner's Schedule C for three years may be disclosed upon verification of funds.