Rafter P South RV Park — Sale in Brownwood, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Brownwood, TX 76801

Investment Figures

Cap rate
8.98%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Rafter P South RV Park is a 37-site property located in Brownwood, Texas. The space mix is comprised of 35 RV lot rents and two covered RV lot rents. The property was built in 2022 on 3.48 acres and sits about 0.5 miles from US 377 which sees over 9,000 vehicles per day. They operate on city water and sewer with all utilities paid for by the ownership except for electric which is billed back to the resident. The City of Brownwood is located in the northern end of the Texas Hill Country, approximately 135 miles northwest of Austin, 120 miles southwest of Fort Worth, and 75 miles southeast of Abilene. Brownwood is served by highways US 67, US 84, US 183, US 377, and Texas State Highway 279. Brownwood is the county seat of Brown County and serves as the economic core of an eight-county trade area. The Brownwood area is home to major employers such as the 3M Company, Kohler Company, and Superior Essex. Many regional amenities are within a short drive from Brownwood including Lake Brownwood State Park and the Pecan Bayou paddling trail. The Brownwood Regional Airport is approximately six miles north of Downtown and services commercial, private, military, and tourism traffic. Some recent highlights in the area include: May 2025: Brownwood city council approved the $18 million downtown revitalization project, giving a green light for Phase 1 to begin. Brownwood’s Downtown Master Plan covers 102 city blocks along US 377 and focuses on infrastructure upgrades, enhanced public spaces, and strategic redevelopment to boost local businesses and tourism. Their goal is to create a more walkable, vibrant district with new parks (like the Silo Promenade), improved streetscapes (Baker & Fisk Streets), and event spaces, aiming to make downtown a community hub. December 2025: Governor Greg Abbott announced that the Texas Music Office has designated the City of Brownwood as a Music Friendly Texas Certified Community. City of Brownwood Mayor Stephen E. Haynes stated, “This will help Brow

Market Context

This multifamily in Brownwood, TX is listed for sale. It is offered at an approximate 9.0% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 101 days. Compare it against other multifamily listings for sale in Brownwood, TX — view the full market.

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