Forest Lake RV Park and Events
For sale915 Farm Rd 2148 S, Texarkana, TX 75501
Property type
Mobile Home Park
Unit / Space count
125
Price
Subject to Offer
Year built
2020
Occupancy
95%
Lot size
68.98 acres
Property description
Forest Lake RV Park and Events is a 125-site RV community and event venue located in the Texarkana submarket of Northeast Texas. Situated at 915 FM 2148 South, Texarkana, TX 75501, the property offers a unique blend of short- and long-term RV accommodations alongside a dedicated event space, catering to both transient guests and extended-stay residents. The park features spacious RV sites with full utility hookups, as well as covered RV storage, providing added convenience and functionality for tenants. This combination appeals to a wide range of users including traveling workers, families, and outdoor enthusiasts. In addition to its RV component, the property benefits from an on-site event venue, creating an additional revenue stream and positioning the asset as a multi-use investment opportunity within the market. Amenities at Forest Lake RV Park and Events are centered around comfort, recreation, and community engagement. The property offers a scenic lake setting, a swimming pool, and open green space, along with event hosting facilities suitable for private gatherings, weddings, and community events. Additional features include covered RV storage, full utility hookups, and easy site access, with a layout conducive to both short-term visitors and long-term stays. The combination of natural surroundings, functional storage options, and event-driven income potential differentiates the asset from traditional RV parks and enhances its overall appeal. Located in Texarkana with convenient access to Interstate 30 and U.S. Highway 59, the property benefits from connectivity to both local and regional demand drivers. Texarkana serves as a key hub along the Texas–Arkansas border, supporting steady demand from logistics, manufacturing, and service-based employment sectors. Nearby retail, dining, and entertainment options, along with access to major employers in the area, further support occupancy and long-term viability. Forest Lake RV Park and Events presents a compelling opportunity to acquire a diversified asset with multiple income streams in a stable and accessible market.
Property highlights
- STRONG IN-PLACE OCCUPANCY AND CASH FLOWForest Lake RV Park & Events is operating at approximately 95% occupancy, offering investors durable in-place income supported by a well-performing RV park and multiple ancillary revenue streams.
- DIVERSIFIED REVENUE STREAMSThe property benefits from income generated by 125 RV sites, 82 storage units, and an on-site event venue, reducing reliance on any single revenue source and enhancing overall cash flow stability.
- AMENITY-RICH, DIFFERENTIATED ASSETWith a lake setting, swimming pool, event venue, covered sites, convenience store, and outdoor amenities, the property offers a lifestyle-oriented experience that differentiates it from more basic workforce-style RV parks in the region.
- STRONG TEXARKANA DEMAND DRIVERSLocated in the Texarkana market with access to Interstate 30, major regional employers, and cross-border Texas-Arkansas commerce, the asset is well-positioned to serve both extended-stay and transient demand.
- ADDITIONAL UPSIDE THROUGH OPERATIONAL OPTIMIZATION AND EXPANSIONIn addition to strong current performance, the property offers further upside through rent growth, operational refinements, and potential future expansion or enhancement of amenities.