Canyon Lake RV Park Portfolio | Sunset Valley & Ledgestone RV Resort
920 FM2673, Canyon Lake, TX 78133 | 550 Mail Rte Rd, Fischer, TX 78623
Sold
Price On Call
Description
The Canyon Lake RV Resort Portfolio features two Class A, newly constructed RV resorts with a total of 215 sites in the Texas Hill Country, minutes from Canyon Lake. Ledgestone RV Resort offers 114 concrete sites with awning options, along with amenities such as a pool, laundry, clubhouse, dog park, and fitness center. Sunset Valley RV Resort includes 101 concrete sites, also with awning options, and amenities like a fire pit, clubhouse, pool, storage units, dog park, and close proximity to the Guadalupe River and Canyon Lake.
Challenge
The client, a seasoned developer, built and stabilized two high-end RV parks with a clear goal: sell them quickly at top dollar to avoid continued operations and move on to his next project. He needed a brokerage team that could deliver maximum value in a predictable timeframe without taking the property to market publicly
Action
North Star conducted a thorough underwriting process, analyzed statewide comparable sales, procured relevant debt quotes, and crafted a tailored disposition strategy designed to command a premium price. After securing buy-in from the client, we launched a confidential marketing campaign targeting a curated pool of pre-screened and vetted buyers. This off-market approach was designed to create urgency and maintain privacy, while still driving competitive tension.
Result
Despite never hitting the open market, the property attracted multiple competitive offers. We selected a highly qualified buyer with strong financials, relevant experience, and a compatible portfolio. The contract phase was seamless and collaborative, and both parks were sold successfully within ~90 days from initial engagement to closing. The client was able to walk away with a premium price and move forward on his terms.
Additional Details
- RV Sites: 215