Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$450,000
104 Springcreek Road, Olney, Texas 76374, USA
MLS#
20921134
Property type
Commercial for sale, Business
Land size
1.94 sqft (0.18 m2)
Building Size
112 sqft (10.4 m2)
Status
Sale price per sqm
0 $
Virtual Tour
Now offered for sale is a cash-flowing 20-site RV park in Olney, TX, with all spaces currently leased at 500 month. That’s 10K per month in gross rental income from day one; an immediate opportunity for investors looking to step into reliable returns. The park is designed for long-term tenants and includes a central laundry facility to enhance resident satisfaction. Current rents include water, sewer, electricity, and Wi-Fi; but tenants are in the process of transitioning to pay their own electric, which will significantly improve the park’s net operating income and cash flow. Why Olney, TX? Owner currently expanding with new building also! With a revitalized downtown, proactive economic development efforts, and a growing population of workforce residents, the demand for affordable long-term housing options like RV parks continues to climb. Located near regional employment hubs and supported by city infrastructure, Olney offers a strong foundation for stable occupancy and investor-friendly returns. Investment Highlights: 20 active RV pads, all leased at 500 per month with potential 120K annual gross income up to 144K, Tenants transitioning to pay their own electricity (future expense reduction) On-site laundry facility for tenant convenience. Strong location in a growing North Texas town. At just 475K, this property offers immediate income with room to grow; a perfect blend for buy-and-hold investors, 1031 exchange buyers, or operators looking to expand their portfolio.
Property Details
1980 Year Built:
Siding Construction:
Siding Exterior Description:
Resale Condition:
Wood Floors:
city water, City sewer Utilities:

Listing by: Cates & Company
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