Photo of RV Park/Campground

RV Park/Campground Details

Purchase Method: Seller Financing
Listing ID: 369118
Posted On: Apr 15, 2013
Updated On: Aug 26, 2013

Description

SALE PRICE $1,750,000.00 with 20% down balance owner financing @5% for 15Years with monthly payments of $11,071.11Monthly

5 Acres/Additional Land Available
70 RV Lots
City Water and Sewer
Owners Doublewide Home
Includes 5 Rental Campers
55x35 Office Building and Laundry

INCOME

65 Rental Rv Lots @$450 $29,250.00
5 Rental RV @$720 3,600.00
Laundry Washer and Dryer Income 600.00
3 Bedroom home 1,000.00
Total Monthly Income $34,450.00

EXPENSES

$4,200.00 Electric
511.00 Water and Sewer
350.00 Real Estate Taxes
375.00 Insurance
200.00 Advertising
1,000.00 Sales Tax
1,200.00 Cable TV and Wfi
1,200.00 Handy Man in Park
1,000.00 Park Manager
$10.036.00 Total Monthly Expenses - $10,036.00
Approximant Monthly Income $24,417.00
X12
Income before Debt $293,004.00
Less mortgage payments of $11,071.11 12 = $132,853.32
Net Income $160,150.68

CONTACT BILL at -
lalwinc@yahoo.com
734-649-1380

Max Air
To lalwinc@yahoo.com

Click Below
http://youtu.be/xHPMSyHv5VE

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