RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.5%
- Listing ID: 471022
- Posted On: Sep 17, 2014
- Updated On: Jul 3, 2015
Description
Working man's park is located in the charming central California Swedish Town of Kingsburg. It has no rent control, on city services, paved streets, mostly singles, laundry, direct billed electric and trash, sub-metered gas and park is full. Water and sewer charge have been noticed for a $5.50 increase.
Amenities
- Laundromat
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Park Information
| Number of RV Lots: | 31 |
| Average RV Lot Rent: | $374 |
Financial Information (Actual)
| Gross Income: | $156 |
| Operating Expense: | $54 |
| Net Operating Income: | $102 |
| Expense Ratio: | 34.6 % |
Utility Information
| Water: | City |
| Sewer: | City |
