RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 14.0%
  • Listing ID: 1350670
  • Posted On: Nov 3, 2020
  • Updated On: Jan 21, 2021

Description

Mix business with pleasure with this exciting business opportunity with a real property of cozy cabins! Dance Country RV Park is a popular park with tourists wanting to enjoy the abundance of nature and outdoor activities this wonderful region offers. This is a chance to slide right in and enjoy an instant return with everything you need already in place and a 14% cap rate. There are a total of 142 spaces, including seven charming cabins. All spaces have electricity, sewer, and water for RVs and fifth-wheelers, as well as access to showers, restrooms, a laundry, RV dump station, and a dumpster area. Visitors love the Squaw Valley Creek that runs through the park as well as the pretty pond. Extra amenities include a picnic area with a smoker, a dog walk, horseshoe pits, and a maintenance building for the employees. This opportunity is too good to miss with holidays and weekends already fully booked for the next year! Visitors to this area come for the nearby lakes, the ski resorts, and endless outdoor activities. This is a rare opportunity to secure a business that is already up and running and is always filled with campers and vacationers enjoying this amazing region.

Location

From highway 89, turn on to Squaw Valley Rd and the resort will be on your immediate left (across the St from the Chevron gas station).

Amenities

  • Laundromat
  • Storage
  • Manager Office
  • Bathhouse
  • Store
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 142
Year Built: 1978
Average RV Lot Rent: $58
Size: 10.5 acre(s)

Financial Information (Actual)

Gross Income: $538,603
Operating Expense: $89,046
Net Operating Income: $449,557
Expense Ratio: 16.5 %

Utility Information

Water: City
Sewer: City

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