Hinze’s newest acquisition, Pecan Acres, is an 84-site RV park located in Azle, TX, just 18 minutes from Fort Worth. The 8.79-acre property offers 82 RV spaces, one single-family home, and one apartment.
Currently 80% occupied, the park generates strong in-place cash flow with below-market rents averaging $300–500/month. Located in a growing area, Hinze Capital plans to quickly lease up the final RV spots and increase rents to market standards. The team will implement leasing and marketing technologies that have worked at other investments to help speed up the lease up and increase the profitability of the park.