RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Listing ID: 399239
  • Posted On: Sep 4, 2013
  • Updated On: Sep 9, 2014

Description

We have lots of interest from parties who want owner finance; therefore, these are terms what we are willing to entertain:

sale price $85,000
down payment 10% $8500 firm
owner finance $76,500
interest rate 2.6851%
84 monthly payments of $1,000.00 Principal and interest

Location is in Columbus, ND, in the center of town, just 2-3 blocks from laundry, post office, café, and bar.

6 total RV spots with full water, electric, and sewer hook-ups.

Includes 3 bdrm./1bath trailer with full length deck. The trailer is completely insulated and each room has a private entrance, a/c, elec. baseboard heat, and bed. It is currently rented out.

Also included is a 28' camper with some new flooring and a new mattress.

Finance info:
thru the winter we have slowed a bit as some workers leave for the winter. expect rents this winter to be $1200 to $1600 a month as is. There is always the possibility for more revenue but it will take some proper management and advertising.

We have adjusted the price back to our original offer price as we have time to move this property now.

Max revenue is $3500.00 per month if the rents are kept the same as they are now

Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 6
Year Built: 2011
Average RV Lot Rent: $500
Size: 0.5 acre(s)

Financial Information (Actual)

Gross Income: $3,500
Operating Expense: $300
Net Operating Income: $3,200
Expense Ratio: 8.6 %
Debt Info: none

Utility Information

Water: City
Sewer: City