Contact Information

RV Park/Campground Details

  • Price: $495,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 11.3%
  • Property ID: 1190736
  • Posted On: Feb 13, 2020
  • Updated On: Feb 13, 2020

Property 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
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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

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