RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 6.5%
- Listing ID: 1565793
- Posted On: Dec 2, 2021
- Updated On: Jun 5, 2023
Description
282 Site RV Park located on 62 acres surrounding a 13 acre lake located 85 miles from the Chicago MSA. The Park has 237 full hookup sites, 33 water & electric, 12 primitive sites, and 2 stick built homes. Guests enjoy a basketball and volleyball court, horseshoes, laundry facilities, picnic area, playground, spa, swimming pool, and lake.
Location
Located 85 miles northwest of the Chicago MSA.
Amenities
- Laundromat
- Pool
- Manager Office
- Bathhouse
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 282 |
| Year Built: | 1982 |
| Average RV Lot Rent: | $75 |
| Size: | 62.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $541,510 |
| Operating Expense: | $313,398 |
| Net Operating Income: | $228,113 |
| Expense Ratio: | 57.9 % |
| Debt Info: | No Debt |
Utility Information
| Water: | Well |
| Sewer: | Septic |