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.Show Description MLS® Number20921134
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1980
Stories1
Pets
Corp Number
Included in Maintenance Fee
Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance
Utilities
HeatNone
A/CNone
Heating Fuel
Business, Land & Improvements, Other
