3.03 Acres in Mabank, TX - $775,000

An incredible opportunity to invest awaits with this impressive 3.03 acre RV Park situated between Canton and Mabank, conveniently located off HWY 198 and in close proximity to the highly popular Canton First Monday Grounds. The property boasts a spacious main house that spans over 3000 sqft, comprising 3 bedrooms, 3 bathrooms, a large kitchen, dining area, family room with a beautiful centerpiece fireplace, a living room, and office, with ramps and decking, perfect for use as a clubhouse or main residence. The RV Park offers 21 sites, with ample room to add additional sites, each featuring water, sewer, and electricity. The property includes a main office or efficiency rental, a 20x20 garage with a community laundry facility, a 20x24 shop building, and a covered outdoor pavilion, providing plenty of amenities for residents. The property is located in a quiet setting, with roads leading to each site and a creek and bridge offering potential for additional sites. Large trees on the property offer added security and a beautiful ambiance. All RV sites come equipped with permanent RVs that have been rented on a monthly basis for several years. Some RVs require repairs, and all convey with the sale of the property. The current seller has 7 units rented at $750 per month, with the potential for much more, as rent prices have not been adjusted in several years. With the ability to add more sites or adjust rent prices, the potential monthly income could reach an impressive $15,700+. The property has an average water bill of $300 per month and an average power bill of $1000 per month, according to the seller. All personal property, including RVs, will convey with the sale of the property, allowing for repairs or removals to be made as desired. Don't miss out on this exceptional opportunity to purchase an RV Park with all the necessary infrastructure already in place. Move in and make it your own, and enjoy the financial rewards of this fantastic investment opportunity.