Contact Information

RV Park/Campground Details

  • Price: $3,450,000
  • Cap Rate: 10.0%
  • Property ID: 1273083
  • Posted On: Jun 16, 2020
  • Updated On: Jun 17, 2020

Property Description

RV Park with fishing pond located on over 50 acres of property. There are currently 200 spaces available with plenty room to expand. The fishing pond has 7 new fishing piers with a tranquil walking trail through the wooded area around the pond. There's a playground, pool, bathhouse with new showers, laundromat, 30 & 50 amp service available, sewer, internet, 2 rental cabins, a recreation room and a store. Improvements include over 950 tons of asphalt, 6 new washers and dryers in the laundromat. New culverts added and the property has been laser leveled. This property is impeccable! 9% Cap Rate with 50% Occupancy rate. Many of the tenants are monthly rentals.

Location

Located on 50 acres with a Fishing Pond and room to expand

Amenities

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

Park Information

Number of RV Lots: 200
Year Built: 2004
Average RV Lot Rent: $450
Size: 50.0 acre(s)

Financial Information (Actual)

Gross Income $650,000
Operating Expense $334,580
Net Operating Income $342,992
Expense Ratio 51.5 %
Debt Info

Utility Information

Water: City
Sewer: Treatment Plant

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