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Investment RV Park with Mineral Royalty Income

Real Estate  >  Wolf Ridge Auction Company  >  Investment RV Park with Mineral Royalty Income

Investment RV Park with Mineral Royalty Income

by Wolf Ridge Auction Company
Thu, Jul  26, 2018  10:00 AM   Central
This Park was built in 2010 with over 70 full hookups, on 28.3 acres of land, it also includes a 2100 sq. ft. office with washateria, ice machine, community room.

Event Packet

2 Tracts - Investment RV Park with Mineral Royalty Income 2 Tracts - Investment RV Park with Mineral Royalty Income

2 Tracts - Investment RV Park with Mineral Royalty Income

Lot #1 (Sale Order 1 of 1)

Wolf Ridge Auction and Realty Company has been commissioned to sell bank owned properties. 1ST TRACT: RV Park located in East Texas. Parcel #67178 AB 160 D CORTINAS SURVEY. This Park was built in 2010 with over 70 RV sites, on 28.3 acres of land, it also includes a 2100 sq. ft. office with washateria, ice machine, community room. The park has a fishing pond for guests and is located near Marin Creek Lake. Auction will be hold on site at 8579 FM 2658 Tatum, Texas. 2ND TRACT: 1.54 acres located on E CR 2144, Tatum, Texas. Parcel #67187, AB160 D CORTINAS SURVEY. ROYALTY INCOME WILL TRANSFER TO NEW BUYER. All royalty interest owned by bank for these two properties will transfer to new owner.

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RV Park located in East Texas. This Park was built in 2010 with over 70 full hookups, on 28.3 acres of land, it also includes a 2100 sq. ft. office with washateria, ice machine, community room. The park has a fishing pond for guests and is located near Martin Creek Lake. Auction will be held on site at 8579 FM 2658 Tatum, TX Real Estate Terms and Conditions: 11% buyers premium, 10% deposit day of sale. Contract will not be assignable or contingent on financing or appraisals. 30 day closing. property is sold as is, where is, Seller will furnish title policy, Buyer to pay all other closing costs. Taxes will be prorated.

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Sold for: USD 170,000.00

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