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Atascosa County, Poteet, TX
THE OPPORTUNITY Commercially zoned, 4.6-acre RV park development site with owner financing positioned just south of one of the most visited tourist destinations in Texas. Direct frontage on State Highway 16 with 12 sites already built out and infrastructure in place. This is a ground-floor development play with a stabilized exit north of 2.2M at a 7 cap. DEMAND DRIVERS San Antonio is Texas' top tourist destination the Alamo, the River Walk, and the Mission Trail draw millions of visitors annually. Lackland Air Force Base is under 30 minutes away generating consistent military traffic. A new Toyota manufacturing facility is coming in just north of the site bringing an influx of workers and contractors. Oil field worker demand adds a long-term monthly tenant base. Year-round temperate climate makes this a 12-month revenue asset not seasonal. INFRASTRUCTURE ALREADY IN PLACE 3,000-gallon septic inspector approved and rated for 75 RVs per day 12 sites built out with electric, water hookups operational immediately Commercially zoned no rezoning needed Direct State Hwy 16 frontage THE NUMBERS 75 pads at 400/month at 80% occupancy 24,000/month gross 45% OpEx annual NOI of 158,400 Stabilized valuation at 7 cap 2,262,000 Full 75-site buildout estimated at 1,300,000 (includes concrete pads, roads, full utility infrastructure, pool, playground, all permitting and engineering) Total all-in cost approximately 2,140,000 Spread to stabilized value approximately 122,000 at 7 cap COMPARABLE MONTHLY RATES VERIFIED Twin Oaks RV (smaller, less desirable) 400/month including utilities David's RV Park (nicer comparable) 460/month and up Subject property, fully developed with pool and playground, positioned to command top-of-market rates in this corridor OWNER FINANCE TERMS Contact for details down Zero payments for 36 months 720,000 due month 37 0% interest Total purchase price $940,000 Assignment of contract The 36-month no-payment structure gives a developer the full runway to build out, stabilize occupancy, and refinance before the comes due effectively a zero-cost construction period. IDEAL BUYER Developer or operator with Contact for details liquid and access to 1.3M in construction capital or a phased developer who can activate the 12 existing sites immediately to generate while building out in phases. This deal is structured for a builder, not a passive investor. ASKING PRICE $940,000 | OWNER FINANCE | ASSIGNMENT Serious inquiries only. Verifiable comps and buildout cost breakdown available upon request.
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