All Forum Posts by: Lann Smith

Jeannie,

We host an RV industry investing meetup.  We have a webinar coming up on the 11th.  Those interested are invited to attend our webinar online to review our RV resort opportunity for qualified passive investors. See the meetup link below please:

https://www.meetup.com/RV-TEXAS-Buy-Sell-Build-Inv...

Those who missed our meetup...or who are simply interested are invited to attend our webinar online to review our RV resort opportunity for qualified passive investors. See the meetup link below please:

https://www.meetup.com/RV-TEXAS-Buy-Sell-Build-Invest-or-Operate-RV-parks/events/252297624/

Those interested are invited to attend our webinar online to review our RV resort opportunity for qualified passive investors.  See the meetup link below please:

https://www.meetup.com/RV-TEXAS-Buy-Sell-Build-Invest-or-Operate-RV-parks/events/252297624/

If anyone wants to learn more about the many positives of owning, operating, and investing in RV parks, lets connect.  Its a lucrative business....and it can be "headache" free.

Hi Seth.

Yes, You can tour one of our parks.  We also still have an investment opportunity with very favorable returns projected for those still interested.  Our meetup was a great success with good turn out, audience participation, and active investors.  

Andrew,

You can show up....but RSVP is preferred.  Part of the $25 entry fee is to cover lunch (usually fajitas) at the restaurant, and so a head count is very helpful.  Hope to see you there.   Thanks!

Our first physical meetup will be in conjunction with "Its time to grow your commercial real estate" meetup hosted by Andy Davies. Come hear a brief (30 to 45 min) presentation covering a look at the RV industry , how to buy and how to value an RV park, do's and don't and more.
We welcome all those interested learning about the industry as well as experienced owners, operators, and investors in RV parks. The sponsors of this meetup, Lann and James, currently have an opportunity to participate in cash flow and equity our upcoming RV park development.

This meetup will cost $25 for the lunch as a one time fee....OR you can join Andy's group for the year and pay $40 to cover future meetings in his Commercial Real Estate group.

Mike, 

The other park is in Galveston County in a town known as San Leon. It is about 1.1 miles from Galveston Bay, but it is not a destination type park for the most part. Instead, it caters to the plant workers, and other medium term visitors to the area. It has a T12 occupancy of about 88%.

"Why Lake Livingston?"    If you know the area you are aware that there is a more popular lake near Houston called Lake Conroe.  Lake Conroe is very populated and can quite crowded to the point that it is not good for fishing...and not safe for skiing, etc.  Lake Livingston is not much farther from Houston and it is much more family, fisherman, and retiree friendly.  Plus, it is 4x the size of Conroe.   We like Lake Livingston for these and other reasons....and it also helps that we were able to purchase the land for a great price without having to worry about providing water, sewer, and electric to the site.

Hello, and thanks to this forum for being great!

We are experienced owners and operators of RV parks and multifamily.  

If you are looking to find a multifamily or other commercial deal, why not consider the RV space?  There are many similarities....and a few differences....like:  you don't pay for your customers' roofs or plumbing repairs in an RV park.   Don't let the stereotypes or preconceived ideas fool you, the RV industry is booming with double digit growth in gross RV sales for each of the last two years.  Over 500,000 units sold in 2017 alone.  Many RV parks are being built, but most don't provide the upscale, amenity rich, family and retiree getaway experience that is in demand.   We understand that the "educational barrier" is one of the toughest to overcome when considering investing in a deal like our current project RV resort.  That is why we are an open book to our investors and always willing to provide market and industry data and references to those considering partnering with us.  That being said....lets get to the deal.

-Over 60 acres of lake frontage property on Lake Livingston, the 3rd largest lake in Texas has already been acquired.

-Property is 90 minutes from Houston and located within 300 miles of over 17 million people.

-Site already has infrastructure for 60 spaces, 3 phase power, city water and sewer.

-Site has boat ramp, 80' pier constructed in 2014, 6000ft covered pavilion, and 3000ft office building.

-We are using conservative assumptions for occupancy and rent when considering the local market.

-Limited partner (passive investor) positions are available from 100k to 600k.  

-12 month construction period will complete 150 total spaces including park models, 7000ft club house, office and pavilion upgrades, and boat/RV storage.  (you can contact me for a complete amenity list)

- NO cash flow anticipated during the construction period of the first 12 months.

-LP's participate in cash flow and Equity.

-3.8x multiple is the projected return at year 5 of operation.

60% of the equity is already raised, so contact me soon if this might meet your investment criteria. This is an opportunity to partner with an experienced team and learn how to execute and operate a destination RV resort property from construction and rehab to operations and disposition. We will provide a detailed level of insight into operations...if that is your wish.   Or, you can do what a few of our investors on our last RV park do....and just get the quarterly news letter and cash flow.