Summit Vacation Resort

David Donnelly completed the purchase of The Summit Vacation Resort, a 30-year-old 5-star resort and RV park in New Braunfels, TX. It features a variety of amenities including a club house and meeting rooms, restaurant, multiple pools and hot tub, playground, miniature golf, tennis courts, gym, tube rentals, laundry facility, and hiking trails. The resort sits on the Guadalupe River, providing easy access for fishing, tubing, kayaking, and swimming. Additionally, the property has an existing RV park with 106 sites, 30 cabins and 12 villas available to rent on a daily, weekly, or monthly basis.

Donnelly is off to a great start and working to improve the park’s financial performance.  He immediately transformed the members-only resort into a public resort and the change has impacted revenue significantly.  Currently, his team is working on a friendlier website, optimized for attracting more web traffic.

Capital CDC is thrilled for Mr. Donnelly and thankful for Green Bank’s partnership to get this project financed. For more information on The Summit Vacation Resort, please visit http://www.summitvacationresort.com/.

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