Photo of RV Park/Campground
Photo of RV Park/Campground
RV Park/Campground Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 15.5%
- Listing ID: 455173
- Posted On: Jun 11, 2014
- Updated On: Jun 9, 2015
Description
50 space rv park with a bath house, C store, laundry, propane exchange,3 cabins,
1700 sq ft . 3 bed 2.5 bath apt completely redone
will entertain a CASH OFFER OF 1,100,000 will finance to qualified buyer. at 1,200,starting today,,a reduction of $100,000
makes the cap rate over 17% !!!! after debt service
we do have permanent rentals that stay year round
Amenities
- Laundromat
- Club House
- Manager Office
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 50 |
| Year Built: | 1980 |
| Average RV Lot Rent: | $41 |
| Size: | 3.0 acre(s) |
| Development Land: | This is land for developing a RV park. |
Financial Information (Actual)
| Gross Income: | $400 |
| Operating Expense: | $222 |
| Net Operating Income: | $178 |
| Expense Ratio: | 55.5 % |
| Debt Info: | existing loan of around $390,000 |
Utility Information
| Water: | City |
| Sewer: | City |