Front Entrance
Front Entrance
Pull Throughs
Pull Throughs
Large Front Yard
Large Front Yard
Dog Enclosure
Dog Enclosure
Rentals
Rentals
Office and Bathhouse
Office and Bathhouse
Large Bathrooms
Large Bathrooms
1 of 2 laundry rooms
1 of 2 laundry rooms
Back-ins
Back-ins
Google Earth
Google Earth
Front Entrance
Pull Throughs
Large Front Yard
Dog Enclosure
Rentals
Office and Bathhouse
Large Bathrooms
1 of 2 laundry rooms
Back-ins
Google Earth

RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 11.0%
  • Listing ID: 818096
  • Posted On: May 31, 2017
  • Updated On: Dec 1, 2017

Description

The park has 64 sites - 3 overnight sites, 61 monthly sites with 4 fully furnished rental RVs. 100% occupancy on monthly sites and rentals year around with a large waiting list and over 90% occupancy on the overnight sites. Large, steady income with potential for more. Overnight, weekly, monthly and rental rates are below market for this area. Raising monthly rates could immediately increase revenue by $3500 per month. Vending machines and increased laundry rates could also bring in more income. There's also 2 back-in overflow sites with full hookups that can be turned into regular long term sites at no cost to add at least $1200 a month.

With 10 acres, there is room for expansion in the front and back yards. There's a 3 BR, 1700 sq ft house in the center of the park for the new owner, manager or even a renter. 2 large closets could actually be turned into 2 small bedrooms. There's a large barn for storage and a shop for maintenance. Amerigas propane on site. The large office was once a clubhouse but no one used it and can be converted to a store, exercise room or back to a clubhouse.

This park has an amazing reputation with great reviews on rvparkreviews.com, Google and Facebook. Former Good Sam park but we're doing better without them. Currently an Escapees park. We're often told that we're one of the nicest and cleanest parks in the country.

The current owner has made many upgrades in the last few years including a new website with GoDaddy - www.whisperingmeadowrvpark.com

Location

The park is located 3 miles North of I-10, 3 1/2 miles from the nearest casino and 11 miles from 2 other ones, 3 miles from Sam Houston Jones State Park, right across the street from a park and baseball fields, 1 mile from The National Golf Club and minutes from fishing.

Southwest LA has a booming economy with billions and billions of dollars in current construction and even more billions of planned construction for years and years to come.

PLEASE DO NOT VISIT OR CALL THE CAMPGROUND, CONTACT ME FIRST FOR A SCHEDULED APPOINTMENT.

Amenities

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

Park Information

Number of RV Lots: 64
Year Built: 2005
Size: 10.0 acre(s)

Financial Information (Actual)

Net Operating Income: $306,000
Debt Info: 1,000,000

Utility Information

Water: City
Sewer: City

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