RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 12.0%
  • Listing ID: 1288930
  • Posted On: Jul 15, 2020
  • Updated On: Oct 14, 2020

Description

Live, work, and play in the Heart of the Columbia River Gorge National Scenic Area!

Nestled between Mt. Adams and Mt. Hood, this park keeps packed with a captive summer audience drawn by the plethora of outdoor activities which include kiteboarding, windsurfing, paddle boarding, whitewater rafting, mountain biking, hiking, fishing, and more! The local area also offers several spectacular waterfalls, golf courses, fruit orchards, wineries, museums, and plenty of restaurants.
Small town living with no shortage of things to see and do!

Almost no competition other than two state parks and a commercial park 20 miles West and 3 miles North. This is the nicest RV Park & Campground this close to Hood River and The Columbia River. Healthy mix of summer long term and overnight guests. Winter usually brings in work crews as required for maintenance or buildouts.

35 FHU RV Sites / 16 are Pull-Thru
10 Tent Sites
City Water
Commercial On-Site Sewer System Inspected Bi-Annually
20/30/50 Receptacles at All Sites
Office Building includes Restrooms, Showers($), Laundry($)
Brand New Washers & Dryers (2019) Three (3) of Each
Highspeed Wireless Internet (300mbs Cable Feed)
Dish SmartBox Cable at All Sites (24 Channels)
Propane Sold Onsite
Next door to a 24/7 Gas Station/Convenience Store
2 Rental Apartments w/ laminate hardwood floor (both used by owners)
Storage Shed w/Well Pumps for Irrigation Only
Paved Roads and Sites built to U.S. Highway Standards
Large Pet Walk Area

Sales Price: $2,300,000
Avg. Gross Sales: $422,659
Avg. Net Income: $277,662
12% CAP RATE!

Website: www.bridgerv.com

Location

White Salmon, Washington

Amenities

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

Park Information

Number of RV Lots: 35
Year Built: 1997
Average RV Lot Rent: $60
Size: 4.0 acre(s)

Financial Information (Actual)

Gross Income: $422,659
Operating Expense: $433,577
Net Operating Income: $277,662
Expense Ratio: 102.6 %
Debt Info: $1M Loan

Utility Information

Water: City
Sewer: Septic

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