RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.3%
- Listing ID: 1190736
- Posted On: Feb 13, 2020
- Updated On: Feb 18, 2021
Description
This is a 16 unit park with an additional smaller unit that does not have plumbing, making a total of 17 units . 10-30amps - $450mth and 7-50amps- $550mth
There is also a 1 bed 1bath 1,200sqft house onsite that is being leased for $1,200mth. site sits on 2 acres and approved by the city for 3 - 1,100-1,200sqft houses to be added.
Washer dryer onsite, well, septic , great onsite manager
Location
Off university ave
Amenities
- Laundromat
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 16 |
| Year Built: | 2018 |
| Average RV Lot Rent: | $550 |
| Size: | 2.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $71,000 |
| Operating Expense: | $15,000 |
| Net Operating Income: | $56,000 |
| Expense Ratio: | 21.1 % |
| Debt Info: | - |
Utility Information
| Water: | Well |
| Sewer: | Septic |
