52 MHP/RV park (Full hook ups) in a 12 acres campground by the Trinity River.

52 MHP/RV park (Full hook ups) in a 12 acres campground by the Trinity River.

Lee GilroyPro Member
San Diego · Member since 2022 · 32 posts · 21 votes

Investment Info:

Other commercial investment investment.

Purchase price: $900,000
Cash invested: $550,000

52 MHP/RV park (Full hook ups) in a 12 acres campground by the Trinity River.

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

The long and short term MHP/RV park, the campground that allows us to add very fun Glamping options, etc...

How did you finance this deal?

Cash and Seller financing

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Don SpaffordPro Member
Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
3y
Congratulations!
Looks like a great property. The map appears to have more than 52 sites as your post mentions. It's great to see other people buying campgrounds. It is a great niche
See this reply in the discussion

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  • Lee GilroyPro Member
    OP
    San Diego · Member since 2022 · 32 posts · 21 votes
    3y
  • Don SpaffordPro Member
    Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
    3y
    Congratulations!
    Looks like a great property. The map appears to have more than 52 sites as your post mentions. It's great to see other people buying campgrounds. It is a great niche
  • Jay HinrichsBusiness Member
    Real Estate Consultant · Summerlin, NV · Member since 2014 · 45k+ posts · 66k+ votes
    3y
    Quote from @Lee Gilroy:

     nice property nice part of the world did the fires have any impact on your immediate area. In my flying days I used to love to fly into Trinity center and stay at the Koa. 

  • Lee GilroyPro Member
    OP
    San Diego · Member since 2022 · 32 posts · 21 votes
    3y
    Hi Jay, thankfully we did not get affected by the fires. We still have lots improvements and upgrading to do, but we up to a good start and the area is amazing. Lots of cool plans for the long term tenants side and building a glamping/resort.
    I also fly, but need to get a more capable aircraft to go there more often:)
  • Lee GilroyPro Member
    OP
    San Diego · Member since 2022 · 32 posts · 21 votes
    3y
    Quote from @Don Spafford:
    Congratulations!
    Looks like a great property. The map appears to have more than 52 sites as your post mentions. It's great to see other people buying campgrounds. It is a great niche

    Thank you Don! we're looking forward to getting the upgrades and get more people to discover our riverfront resort.
    Do you also own a campground ?
  • Solo 401k Expert · Anaheim Hills, CA · Member since 2012 · 18k+ posts · 6k+ votes
    3y

    Nice! Congrats @Lee Gilroy !

  • Don SpaffordPro Member
    Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
    3y
    Quote from @Lee Gilroy:
    Quote from @Don Spafford:
    Congratulations!
    Looks like a great property. The map appears to have more than 52 sites as your post mentions. It's great to see other people buying campgrounds. It is a great niche

    Thank you Don! we're looking forward to getting the upgrades and get more people to discover our riverfront resort.
    Do you also own a campground ?
    Yes, 6 of them so far, we plan to buy many more all across the US. My team and I buy them through syndications with our investors. We have plans to start developing some new ones as well.
  • Lee GilroyPro Member
    OP
    San Diego · Member since 2022 · 32 posts · 21 votes
    3y
    I would love to see some of your projects. Let me know where I can get more info

    Thank you
  • Don SpaffordPro Member
    Investor · Idaho Falls, ID · Member since 2016 · 935 posts · 629 votes
    3y
    Quote from @Lee Gilroy:
    I would love to see some of your projects. Let me know where I can get more info

    Thank you
     beyondercamp.com  We provide campground management services (in case you need help with that) but if you click on the "Get Involved>Invest with Us" tab it takes you to the investment portal. Happy to schedule a zoom call anytime.
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