Port Lavaca RV Park

Embedded NOI Growth Opportunity: Current lot rents include all utilities, creating a clear path to increase net operating income through the implementation of utility billbacks.
Demand Supported by Major Industrial Employers: Proximity to Formosa Plastics, Dow Chemical, and Green Lake Works supports a consistent pool of traveling workers and contractors seeking flexible, affordable housing, helping sustain demand beyond seasonal leisure traffic.
Accessible, High-Visibility Location: The property benefits from frontage near US-87 and close proximity to Buc-ee’s, with HEB, restaurants, and other daily-needs retail amenities located within a five-minute drive, enhancing convenience for tenants.
Amenity Package Supports Tenant Retention: On-site amenities include two complimentary laundry facilities, additional showers and restrooms, a clubhouse, BBQ pits, and a gazebo, all of which enhance the resident experience and support tenant retention.
Multiple Revenue Streams: The property offers three distinct income sources through RV lots, cabin rentals, and room rentals, broadening tenant appeal and accommodating residents both with and without RVs.
Operational Upside in Rental Structure: Current site rents are $420 per month inclusive of electricity, while the referenced market average is $385 per month with electricity billed separately, indicating an opportunity to improve the rental structure and better align utility recovery with market practice.

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