11/02/2026
JUST SOLD!!
Distressed RV community | Central Texas
This community owner was previously listed with another brokerage, and didn't sell for many reasons, mainly it was not an easy sell. Tenant problems, drainage problems on site, and an overall heavy lift acquisition for buyers.
JTACR Real Estate Group took over the listing and first corrected the pricing.
Once we were on the market, we had non stop interest in this. Here's a little summary on it:
🔸Entry level acquisition - low price point made this opportunity desirable for first time community buyers
🔸Mismanaged community due to absentee ownership - this contributed to high interest due to the value add opportunity
🔸Out of Country Seller - Seller lives in Europe
🔸Financing - This transaction closed with conventional bank financing
🔸Representation by JTACR - Exclusive seller representation
🔸Deal Terms - Multiple extensions were required due to financing delays. All extensions required additional hard money and strict deadlines
🔸Disposition - This community was sold based on the Land & improvement value NOT based on a cap rate valuation
Congrats to our sellers who were eager to get this one closed and off their plate🎉