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
  • Cap Rate: 15.7%
  • Listing ID: 671321
  • Posted On: May 26, 2016
  • Updated On: Aug 4, 2017

Description

50 space rv park with a 6 bathroom bath house, C store, laundry, propane exchange,
3 cabins,
1700 sq ft . 3 bed 2.5 bath apt completely redone

we do have permanent rentals that stay year round (around 20 for 10k per mo)
income and lots of daily all year
C store doing 150k and laundry 8k propane sales 8k

will take 700k dn and finance the balance @ 70 k per year (16 cap) for 15 years
oac (about 5.87 interest rate)

Amenities

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

Park Information

Number of RV Lots: 50
Year Built: 1980
Average RV Lot Rent: $45
Size: 3.0 acre(s)

Financial Information (Actual)

Gross Income: $405
Operating Expense: $216
Net Operating Income: $189
Expense Ratio: 53.3 %
Debt Info: none

Utility Information

Water: City
Sewer: City