Sun Creek Rv Park
For sale500 Douglas St, Cuero, TX 77954
Property type
Mobile Home Park
Price
Subject to Offer
Building size
Year built
2011
Year renovated
Occupancy
Zoning code
Lot size
3.83 Acres
Property description
Sun Creek RV Park is a 65-site RV community located at 500 Douglas Street in Cuero, Texas. Developed in 2011 on approximately 3.83 acres, the property features full-hookup RV sites with gravel pads and roadways, an on-site laundry facility, and city water, sewer, electric, and trash service. Each RV site is individually metered for electricity; however, ownership currently absorbs the electric cost rather than billing tenants for usage, creating a clear utility-recovery opportunity for new ownership. The property also includes a 1,200-square-foot, three-bedroom, two-bathroom residence currently utilized as an office, as well as three park-owned RVs that the seller is willing to convey with the sale. These improvements provide additional operational flexibility and potential opportunities to generate incremental rental income. Located in Cuero within the Eagle Ford Shale region, Sun Creek is positioned to serve energy-sector employees, contractors, traveling workers, and extended-stay residents throughout the surrounding South Texas market. The property also benefits from proximity to Cuero’s primary commercial corridors, major retailers including H-E-B and Walmart, and regional highway connections. Current occupancy of approximately 30% provides meaningful upside through focused marketing, increased occupancy, utility recovery, and improved operating performance. With 65 existing sites, municipal utility infrastructure, and current monthly site rents of $375, the property offers new ownership multiple avenues to grow revenue and NOI from the existing asset base.
Property highlights
- STRATEGIC CUERO AND EAGLE FORD LOCATIONLocated in Cuero within the Eagle Ford Shale region, the property is positioned to serve energy-sector employees, contractors, traveling workers, and extended-stay residents throughout the surrounding South Texas market.
- MEANINGFUL LEASE-UP AND NOI GROWTH OPPORTUNITYCurrent occupancy of approximately 30% provides substantial runway to increase revenue and NOI through focused marketing, improved operations, and greater utilization of the existing 65-site inventory.
- UTILITY-RECOVERY UPSIDEEach RV site is individually metered for electricity, but ownership currently absorbs the cost rather than billing tenants for usage, providing new ownership an opportunity to implement electric reimbursement and improve NOI.
- ATTRACTIVE BASIS WITH EXISTING INFRASTRUCTURE IN PLACEThe property provides an opportunity to acquire an established 65-site RV community with municipal utilities and existing improvements already in place, potentially offering a favorable basis relative to comparable ground-up development.
- ADDITIONAL INCOME AND OPERATIONAL FLEXIBILITYA 1,200-square-foot, three-bedroom residence currently used as an office and three park-owned RVs provide opportunities for additional rental income and operational flexibility.