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801 Woodard StPyote, TX 79777
WAHA RV Camp
Asset ClassMultifamily
Land2.88 Acres
Year Built: 2018Parking Spaces: 62 SpacesAVG SF: 1,500Access Data Room
overview of deal

Overview

WAHA RV Camp is a 62-site, 2.88-acre workforce housing community serving the Permian Basin’s industrial corridor. Built in 2018, the property features durable infrastructure, low-maintenance operations, and strong workforce-driven demand with clear upside through lease-up and rent growth.

 

Strategically positioned between Pecos and Monahans, WAHA RV Camp provides direct access to both the Permian and Delaware Basins. City water, 50/30A electrical to each pad, and three septic systems with six 1,500-gallon tanks. On-site amenities include WiFi, a laundromat, and eight 4K security cameras for tenant safety and efficient off-site management.

 

Tenancy includes both individual renters and corporate users. Energy Transfer holds a corporate lease for ten spaces at $600/month, typically occupying about six sites at a time. Standard rates are $450/month for 50A, $400/month for 30A, and $350/month for long-term tenants (6+ months). Storage rent is also charged for units on-site not using utilities.

 

Currently at 43% occupancy, WAHA RV Camp offers investors a value-add opportunity to increase performance through occupancy stabilization and rent adjustments. With modern infrastructure, strong regional demand, and multiple paths for revenue growth, WAHA RV Camp represents a well-located, income-producing asset positioned for long-term success in one of Texas’s most dynamic economic regions.

 

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Investment Highlights

  • Strategic Permian Basin Location — Positioned between Pecos and Monahans with access to both the Permian and Delaware Basins.
  • Modern Construction (2018) — 62 oversized RV pads with city water, 50/30A service, and durable infrastructure. Modern utilities (50/30A, city water, septic systems). Remote management capability, I-20 access.
  • Established Workforce Demand — Strong renter base driven by regional energy employment, including corporate tenants such as Energy Transfer. Energy Transfer maintains a flexible 10-site master lease providing recurring base income.
  • Current Operational Performance offers opportunity for improved efficiency and stronger revenue capture.
  • Low-Maintenance Operations — Efficient layout and infrastructure support lean, remotely managed operations.

 

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801 Woodard StPyote, TX 79777

Mobile Home & RV Park

Patrick Strake Senior Director512.906.8393patrick.strake@franklinst.com
Tobias CohenSenior Associate 317-698-8040tobias.cohen@franklinst.com
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Listing provided by Revere CRE