Get passive ownership and cash flow in our Destination RV resort
Hello, and thanks to this forum for being great!
We are experienced owners and operators of RV parks and multifamily.
If you are looking to find a multifamily or other commercial deal, why not consider the RV space? There are many similarities....and a few differences....like: you don't pay for your customers' roofs or plumbing repairs in an RV park. Don't let the stereotypes or preconceived ideas fool you, the RV industry is booming with double digit growth in gross RV sales for each of the last two years. Over 500,000 units sold in 2017 alone. Many RV parks are being built, but most don't provide the upscale, amenity rich, family and retiree getaway experience that is in demand. We understand that the "educational barrier" is one of the toughest to overcome when considering investing in a deal like our current project RV resort. That is why we are an open book to our investors and always willing to provide market and industry data and references to those considering partnering with us. That being said....lets get to the deal.
-Over 60 acres of lake frontage property on Lake Livingston, the 3rd largest lake in Texas has already been acquired.
-Property is 90 minutes from Houston and located within 300 miles of over 17 million people.
-Site already has infrastructure for 60 spaces, 3 phase power, city water and sewer.
-Site has boat ramp, 80' pier constructed in 2014, 6000ft covered pavilion, and 3000ft office building.
-We are using conservative assumptions for occupancy and rent when considering the local market.
-Limited partner (passive investor) positions are available from 100k to 600k.
-12 month construction period will complete 150 total spaces including park models, 7000ft club house, office and pavilion upgrades, and boat/RV storage. (you can contact me for a complete amenity list)
- NO cash flow anticipated during the construction period of the first 12 months.
-LP's participate in cash flow and Equity.
-3.8x multiple is the projected return at year 5 of operation.
60% of the equity is already raised, so contact me soon if this might meet your investment criteria. This is an opportunity to partner with an experienced team and learn how to execute and operate a destination RV resort property from construction and rehab to operations and disposition. We will provide a detailed level of insight into operations...if that is your wish. Or, you can do what a few of our investors on our last RV park do....and just get the quarterly news letter and cash flow.