RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.0%
- Listing ID: 1186975
- Posted On: Feb 4, 2020
- Updated On: May 5, 2020
Description
Park is now under contract - accepting backup offers
Quality Asset offered at 9% Cap on in place financials | $21K/space |
Opportunity Zone |
45 Minutes East of Dallas |
I-30 Frontage |
Next door to public golf course |
79 spaces - all pull thru's full service w/ 30/50 amp service |
33.5 Acres - lots of expansion room |
2.5 Acre fishing pond |
30x40 Office/Social Room |
12x50 Bath & Laundry Building |
20x80 Pole Barn |
14x30 Storage Building |
City Water + Septic |
Crushed concrete drives |
Rate and financial info available upon request and execution of NDA |
Seller financing considered with substantial down pmt. |
We will be vetting all interested parties for experience and financial strength, serious and experienced investors/operators only please.
Amenities
- Laundromat
- Club House
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 79 |
| Year Built: | 2014 |
| Size: | 33.5 acre(s) |
Financial Information (Actual)
| Gross Income: | $234,000 |
| Operating Expense: | $82,000 |
| Net Operating Income: | $152,000 |
| Expense Ratio: | 35.0 % |
| Debt Info: | NA |
Utility Information
| Water: | City |
| Sewer: | Septic |
