Contact Information

RV Park/Campground Details

  • Price: $750,000
  • Purchase Method: New Loan
  • Cap Rate: 11.2%
  • Property ID: 1153988
  • Posted On: Nov 11, 2019
  • Updated On: Feb 5, 2020

Property Description

Close (30 minutes) to three major michigan cities, but just farenouph away to be experancing the great outdoors.
Great opportunity for two people to operate.

$750,000.00 sales price / $139,955.00 gross sales for 2019 / $83,973.00 NOI
Be sure to look at the attached Youtube

8+ acres with enough room to add 20 sites.
- 58 Sites.
- Mobile 2 bd & 2 ba.
- Camp store.
- laundry.
- 95% seasonals.
- 50 amp.
- Main bldg is 2,400 sq ft.
- River frontage.
- Call Harold for more details
616-443-8233
or
harold@campgroundsnow.com
I have been there, 47 years of selling campgrounds.

Amenities

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

Park Information

Number of RV Lots: 58
Size: 8.0 acre(s)

Financial Information

Gross Income $139,955
Operating Expense $55,920
Net Operating Income $883,973
Expense Ratio 40.0 %
Debt Info

Utility Information

Water: Well
Sewer: Septic

Video

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