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A small RV park deal can look simple on paper until you hear the real questions behind the numbers. We’re on a call with Jeff, the owner of a South Texas built park near Mount Vernon, and Travis, an operator who buys and expands parks for a living. The property has 10 acres in the current park footprint with eight cabins and 10 RV spots, about $10K a month coming in, and a tenant base driven by long-term workers tied to solar farms and new lithium development. Right away, the conversation turns from surface stats to what actually holds value: occupancy, utilities, and the unit mix that keeps money predictable.
We dig into expansion potential and infrastructure realities: how many more pads could fit, what a new septic system might cost, how electric is metered, and why fiber internet can change demand for long-term stays. Jeff explains why he chose cabins as competition increased for RV pads, then breaks down the real economics between pads and cabins when you include electric, water, trash, and internet in the monthly rate. If you care about RV park investing, cap rate, and NOI growth, this is the kind of practical detail you rarely get in a listing.
Then we get into the negotiation. Jeff shares valuation expectations and what cash he needs to feel good walking away, while Travis floats a seller financing structure around a $675K price point and explains how “holding paper” typically works, from down payments to amortization and balloon terms. They also kick around upside ideas like glamping and a wellness angle, but the buyer’s focus stays clear: buy it as-is, stabilize cash flow, and only expand once operations are proven.
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