BACKGROUND
SIG acquired a 102 unit, extended stay RV Park in Gardendale, TX. SIG handles all aspects of the project to include organizing the equity and debt, direct asset and property management, and property development.
Improvements to the property include:
• Installed 14 additional RV spaces
• Constructed propane dispensing unit, setup business operations to sell propane
• Renovation of office, bathrooms and laundry facility
• Added pavilion, BBQ area and fencing
• Installed 5 internet towers
TYPE OF PROJECT
Commercial development and operation of an RV Park.
TARGET TIMELINE
4 year hold.