New East Texas RV Park Goes to Auction April 23
The Emerald Glen RV Park in Tatum, Texas, is to be auctioned off April 23.
The 150-space, full-service facility, completed in 2008, includes a complete convenience store, propane filling station, coin operated guest laundry, swimming pool with changing rooms, manager's home, maintenance shop and high speed wireless Internet throughout the park, according to a news release.
"This property is in an ideal location with several sources of tenants in extremely close proximity," said Alan Y. Jones, regional vice president for National Commercial Auctioneers and project manager for the auction. "Located just south of Longview and extremely convenient to three major lignite/power plant operations the idyllic rural setting is within minutes of restaurants, shopping, and medical facilities. The Emerald Glen RV Park can be marketed to appeal to a broad variety of tenants, giving it tremendous upside potential."
"One of the unusual features of this property, almost unheard of in today's financial environment, is the availability, subject to prior credit approval of the seller and lender, of assumable financing," Jones said. "Commercial real estate properties with a business related component, such as Emerald Glen RV Park, will provide excellent short-term cash on cash returns and will provide substantial long-term returns on investments made today as the economy recovers."
For more information and to receive the property information package, visit www.natcomauctions.com or call (877) 895-7077.