RV Park purchase in Weatherford TX

[Sherry Patterson]

Investment Info:

Other buy & hold investment.

RV Park with 26 spaces, a house and an apartment with 4 additional acres to expand.

What made you interested in investing in this type of deal?

Better return that MF with less expenses and headaches.

How did you find this deal and how did you negotiate it?

MLS and with the agent and seller.

How did you finance this deal?

Syndication

How did you add value to the deal?

increased occupancy and lot fees

What was the outcome?

We are at about a 13% CAP