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Updated over 5 years ago on . Most recent reply
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Information on RV park investing
Hello All, My friend and I are considering purchasing 10 acres in the Houston area outskirts. The plan is to make it a RV park. His property is next door and owns 25 acres. Does any one here have any information or advise on developing a RV park. Zoning? electricity? water ? insurance , Taxes ? So on...We want to make sure before closing this deal that we recognize all the red flags. I am a landlord myself but no experience on RV parks.
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- Real Estate Broker / Investor
- Austin, TX
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Zoning is everything.... Check to see if they will require environmental studies, septic ratios, required taps, elec requirements, driving/paving requirements +
It is a long process to get all of your ducks in a row. I would guess you will need to maybe 15-25k for all the upfront stuff before you get a license to break ground if not more depending on what you find.
A worthwhile venture if you can own some of the units you rent out and collect double rents per pad. My opinion.
- Danny Webber