Located in an Opportunity Zone in San Saba, Texas, Cabo San Saba RV Park is a beautifully laid out community that overlooks the San Saba River and is within the city limits just off US Highway 190.
Cabo San Saba RV Park has 48 total units, including 39 RV lots with 12 park owned RVs, 4 cabins, 2 bunkhouses, and 3 storage units. The park operates at 71% occupancy annually. This park is on city water and sewer systems as well as dumpster trash, all utilities are included in rent and paid by the landlord. Roads are dirt and in average condition. The RV park sits on a single 6-acre parcel that is positioned only a 3-minute drive to downtown. The property is also conveniently just a stone’s throw away from San Saba’s only golf course.
San Saba is the largest full-service city in the county and is less than 2 hours from Austin and Waco and is about 2.5 hours from San Antonia to the south and Dallas to the north. San Saba is the next city over from Brady, which is what many people consider the heart of Texas. Since 2020, San Saba’s population has grown at 1.5% with continued growth as Texas continues to be one of the highest growth markets in the nation.
We are asking that investors submit offers at or above $1,100,000, which represents a 7.3% cap rate with the potential to reach a pro forma 9.8% cap rate.
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