Shady Grove RV Park — Sale in Grand Prairie, TX

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Grand Prairie, TX 75050

Photos

Shady Grove RV Park — Sale in Grand Prairie, TX, photo 1 of 2
Shady Grove RV Park — Sale in Grand Prairie, TX, photo 2 of 2

Investment Figures

Cap rate
6.54%

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

Shady Grove RV Park is a 66-site property located in Grand Prairie, Texas. The park operates on city water and sewer. Water, sewer, and trash are included in the base rent. Electric is billed back to residents on 60 sites and direct billed on six sites. Since acquiring the property in 2015, current ownership has invested more than $670,000 to significantly upgrade the community. Improvements include converting from septic to city sewer, paving roads, adding new gravel pads with parking timbers, installing signage and fencing, adding picnic areas, installing a new office, and expanding the property from 46 to 66 sites. The community is currently 100% occupied with longer-term residents averaging 46 months of tenure. The current market rent is $900, an $80 premium to the in-place average rent of $820. Current ownership also recently introduced a shed rental program, with 17 sheds installed generating $11,220 in annualized revenue. Grand Prairie sits in the heart of the Dallas-Fort Worth Metroplex, within Dallas County. The Dallas-Fort Worth-Arlington metro area produced $744.7 billion in GDP in 2023, ranking 5th among all U.S. metro areas. Grand Prairie's population reached approximately 212,896 in 2026, up from 196,201 at the 2020 census, growing at roughly 1.32% annually. Employment in the city grew 3.43% from 2023 to 2024, rising from 98,800 to 102,000 jobs. Shady Grove RV Park sits within minutes of the region's strongest tourism and entertainment draws. The property is approximately 5 miles from DFW International Airport and approximately 15 miles from Dallas Love Field, giving residents and visitors easy access to two major commercial airports. The park is also approximately 5 miles from Six Flags Over Texas and approximately 7 miles from AT&T Stadium and Globe Life Field, placing it close to some of the most visited attractions in Texas. Arlington's Entertainment District drew 15.6 million visitors in 2023, contributing $2.8 billion in spending. The district ha

Market Context

This multifamily in Grand Prairie, TX is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Grand Prairie, TX — view the full market.

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