Seven Lakes RV Resort

North Star Brokerage & Advisory is pleased to exclusively offer Seven Lakes RV Resort, a 56-pad, fully gated long-term RV community located in Buchanan Dam, Texas along the Lake Buchanan corridor of the scenic Texas Hill Country. This stabilized asset delivers immediate cash flow from a verified, 100% long-term tenant base with an average tenancy of over 19 months. The park caters to retirees and fixed-income residents who value security, privacy, and quality of life — making Seven Lakes one of the premier long-term RV communities in the Lake Buchanan corridor.

The ownership group acquired the property in 2022 at 28 sites and doubled the park to 56 full-hookup pads by May 2025. The T6 annualized NOI of $147,692 (9.85% cap rate) reflects the stabilized post-expansion period, while a proforma anchored to the verified rent roll projects $177,719 in annual NOI — an 11.85% cap rate at asking price. Current rents of $375–$400 per site remain well below the $650 charged by the nearest comparable competitor, and three vacant sites represent additional unrealized upside, giving a new owner multiple levers to grow NOI without capital investment.