Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 11.0%
- Listing ID: 549838
- Posted On: Jul 27, 2015
- Updated On: Jan 11, 2016
Description
63 concrete pads. Level drives. Concrete interior roads. Office/manager/owner facility on site. Propane. Shower/laundry/restrooms. Covered and open storage. Community water, city sewer. High visibility in ETJ of Tyler. Adjacent property (also being sold) presents an opportunity for further storage expansion. Water and electric currently available only. Dog run. Long term and overnight patrons. Strong rollover business. Good Sam's Club and 5 star rating from Woodall's. Current owner managers park with workcamper.
Amenities
- Laundromat
- Storage
- Manager Office
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 63 |
| Year Built: | 2004 |
| Average RV Lot Rent: | $315 |
| Size: | 10.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $308,000 |
| Operating Expense: | $148,000 |
| Net Operating Income: | $160,000 |
| Expense Ratio: | 48.1 % |
| Debt Info: | First lien mortgage on both tracts |
Utility Information
| Water: | City |
| Sewer: | City |
