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Photo of RV Park/Campground
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Photo of RV Park/Campground
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Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 9.2%
  • Listing ID: 501492
  • Posted On: Mar 10, 2015
  • Updated On: Mar 3, 2016

Description

Merrill mobile manor & RV park

$175,000.00 down interest payments only 6% interest 5 year cash out
(Broker Friendly)

30 Space Mobile Home/RV Park in small high desert town. Walk 2 blocks to down town and all services. City Sewer & Water. 26 back in sites with full hookups (50amp) All monthly sites are level & big rig friendly, with lawns, patios & storage sheds. 4 Mobile Homes & 1 RV are Park Owned. 6 sites are non-metered pull-thru big rig friendly easy in & out. Park up dated 2007.

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Local attractions
Lava Beds, Caption Jacks Strong Hold, Ice Caves, Klamath National Wildlife Refuge. Year around Bird Watching. Game Bird Hunting October - January, Crater Lake National park.

Park is a Good Sam Park 8 & 9 ratings with many repeat Over- Niters.

Rates 2015;
Overnighters $32.00 Good Sam $29.00.
Weekly $170.00 Park pays all.
Monthly non-metered pull thru sites $360.00 park pays all.
Monthly back in sites $275.00 + Basic electric @ $34.50 from 0 - 300 KWH.
Excess Electric Billed at 9.8 cents per KWH.
Park pays Water, Sewer, Garbage & WIFI.

All numbers are real income & costs for 2014
2014 Park grossed $96766.00 2015 Projected gross $102000 plus..
Expenses $34504.00
Net Income $62262.00

Park has RV storage $20.00 per month, also coin operated showers & laundry.

Manager receives free space rent ,Electric Plus $150.00 per month about $5760.00 per year

Park is on hwy 39. 250 miles to Reno, 300 miles to Portland & 14 miles to Klamath Falls Or.
QUESTIONS CONTACT LEE (360) 281-7333
OR Lyle (360) 666-3474
Shown by apointment only do not disturb guests

Amenities

  • Laundromat
  • Storage
  • Manager Office
  • Bathhouse
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 30
Year Built: 1958
Average RV Lot Rent: $309
Size: 1.5 acre(s)

Financial Information (Actual)

Gross Income: $96,766
Operating Expense: $34,504
Net Operating Income: $62,262
Expense Ratio: 35.7 %
Debt Info: NONE

Utility Information

Water: City
Sewer: City