This is a great low-maintenance investment property comprising of 6 RV lots. Located in Algoa, in between Alvin and Santa Fe, blocks from Highway 6. The property is 100% occupied with most tenants long-term 1+ years. Each RV pad has sub-metered electric with rents ranging from $350 to $425 per month. Each space has a 10' x 50' concrete pad, water and sewer hookups, 30-amp electric hookups. Value-added potential with upside in rents and potential to add storage units for additional rent premium. Tenants pay rent in cash or deposit into property owner's bank account each month by the 5th. Don't pass this great investment opportunity up! RV spaces are in high demand in the Alvin/Santa Fe area with infrequent vacancies filled quickly.
Listing courtesy of NB Elite Realty.