Silver Star RV Park

1114 North 1st Street, Haskell, TX

$398,000

Price

1.57 acres

Lot Area

2012

Year Built

Overview
Lot Area
1.57 acres
Year Built
2012
Description

The Go Getters Real Estate Team is pleased to present Silver Star RV Park: a 25-site community located in Haskell, TX.  In addition, this RV Park also comes with a 2 bed/1bath single family residence located in the center of the Park. Silver Star is located within the city limits of Haskell, with city connections for both water and sewer.  


Silver Star RV Park with 25 units available, is positioned directly off Highway 380.  The property is very easily accessible for RV owners located 6 blocks from downtown Haskell- the Rodeo and Ranching City of Texas! The subject property is situated near several local employers including Haskell Memorial Hospital, Double A Drive-in, Haskell National Bank, Rodeo Event Center, Stripes, Sport About, Haskell Inn, & B&B Automotive.  The main tenant base includes the working class in travel careers such as wind farms, solar farms, surveyors, and electrical lines. 


Current ownership features below market rents, as well as the upside of reducing vacant spaces and/or adding amenities, thereby presenting investors with the opportunity to acquire a well-maintained community with potential rental upside. 

Projected 5 Year Average Cash on Cash Return 32.9%

Projected 5 Year Levered IRR 42.7%

Projected Value Add IRR 42.7%


Location
Gallery