2013 Models
2013 Models
Land Area
Land Area
2013 Models
Land Area

RV Park/Campground Details

  • Purchase Method: Seller Financing, Assumable Loan
  • Cap Rate: 25.0%
  • Listing ID: 510824
  • Posted On: Feb 26, 2015
  • Updated On: Aug 31, 2015

Description

OWNER WILL FINANCE. This RV Park sits on 32 acres of land, has a large brick 4/2/2 ranch house with pond. The RV section consists of 23-owned RVs, 12 pull-in spaces for RVs, 8 overflow RV spaces and 10 duplex cabins. The entire property is served by full three-phase power, has spare septic capacity, and features a state certified public water plant system.

Owner will fiance: Basic terms below, very flexible.

- Only $200,000 down
- $10,000 note still has to be paid and buyer puts a personal guarantee on loan
- $15,000 monthly installment to sellers over 24 months (negotiable price/term)
- Seller carries balance at the end of term on a note, payable in a variety of ways, very negotiable

The RV park sits on US 83 right outside Carrizo Springs and 9 miles South of Crystal City in the Eagleford Shale area.

Amenities

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

Park Information

Number of RV Lots: 54
Year Built: 213
Average RV Lot Rent: $450
Size: 32.0 acre(s)

Financial Information (Actual)

Gross Income: $340,000
Operating Expense: $100,000
Net Operating Income: $240,000
Expense Ratio: 29.4 %

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