RV Park/Campground Details

  • Purchase Method: Seller Financing
  • Cap Rate: 10.2%
  • Listing ID: 644156
  • Posted On: Mar 11, 2016
  • Updated On: Apr 24, 2018

Description

This is an adult clothing-optional nudist resort. the closest competition is 150 miles away. over 5 million people skinny dip every year. We are situated on 20 secluded acres on the San Antonio River. We are just 18 miles from Downtown San Antonio, the 7th largest city in America. Population 1,450,000. We have 70 RV sites, 10 manufactured home sites, 10 rental units and numerous tent sites. We have a 40 seat restaurant, 3,000 sq. ft. clubhouse, 100,000 gallon newly renovated swimming pool, two 8 person hot tubs, game room, Laundromat, etc. it is B.Y.O.B. Gross income for 2016 was 325,000. The resort has been here since 1972 and present owner since 1999. Asking $900,000 with 1/3 down and seller financing on balance. Room for 30 site expansion. Not many campgrounds for sale on website with asking price of 3 times gross income. Owners are motivated. Call David or Laney at 210-852-1748

GROSS INCOME -- 325,000
OP EXPENSE -- 155,000
NET OP INCOME -- 170,000

AVERAGE RV LOT RENT -- 350.00

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
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Park Information

Number of RV Lots: 70
Year Built: 1972
Average RV Lot Rent: $350
Size: 20.0 acre(s)

Financial Information

Gross Income: $325
Operating Expense: $155
Net Operating Income: $170
Expense Ratio: 47.7 %

Utility Information

Water: Well
Sewer: Septic

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