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Copperas Cove, TX 76522
Joy RV Park Total acreage is 17.3 commercial acres on a state highway and interstate highway 5 minutes from the largest military base in the world. One hour from Austin. Property will be a place for lower income to reside not a vacation spot in this area. All surrounding parks stay overfilled. Construction loan appraisal 10/2022 $3m (without MH Park income) MH Park side is bringing in $100k NOI currently with 5 brand new mh homes, 1 remodeled double wide and 1 lot rent. -RV Park needs $1.5m to complete development Once rv side is complete, income on both sides is $650k NOI Upon completion and As a 10 cap, value of the entire resort will be $6.5m Total purchase price $2.35m Completion costs $1.5m Holding costs until complete apx $120,000 Total investment $3.970m Valué at completion $6.5
Listed by Noble, REALTORS
| MLS ID | ACT2006394 | |
| Status | Active | |
| Days Active | 959 | |
| Est. Tax | N/A | |
| Lot Size | 17.361 | |
| Year Built | 2013 | |
| Total Bedrooms | 0 | |
| 1st Floor Bedrooms | ||
| Full Baths | ||
| Half Baths | ||
| Square Feet | 0 | |
| Price Per SqFt | N/A | |
| Garage Spaces | ||
| Fireplace(s) | ||
| Fireplace Info | ||
| Flooring | Tile | |
| Stories | ||
| Pool | No | |
| Courtesy of | Noble, REALTORS (254) 577-5543 | |
| Subdivision | NOBLES PARK ADDITION | |
| City | Copperas Cove | |
| County | Lampasas | |
| HOA | ||
| HOA Fee | $ / | |
| Water Front | No | |
| Roof | ||
| Construction | Block, Concrete | |
| Foundation | ||
| Fencing | ||
| Elementary School | |
| Middle School | |
| High School |
| Appliances | ||
| Heating | Central, Electric, See Remarks | |
| Cooling | Ceiling Fan(s), Central Air | |
| Exterior Features | ||
| Lot Features | ||
| Community Features | ||
| Patio Features | ||
| Structures | Poultry Coop, RV/Boat Storage, Workshop, See Remarks | |
| Interior Features | ||
| Courtesy of | Noble, REALTORS(254) 577-5543 | |
| Fencing Features | ||
| Parking Features | Additional Parking, Garage, Oversized, Parking Lot, RV Access/Parking, Storage | |
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