Contact Information

RV Park/Campground Details

  • Price: $795,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.5%
  • Property ID: 1294866
  • Posted On: Jul 25, 2020
  • Updated On: Jul 25, 2020

Property Description

Great opportunity for owner-occupied buyer or investor to own a park in the historic Columbia River Gorge. Park sits on 3.57 acres in Corbett, Oregon. It features 15 permitted spots, a 2BR mobile home, huge shop, laundry, restrooms with showers, office, and rec room. Rents are monthly, weekly, or overnight. AAA approved and Member of Passport America. Tenants pay their own electric and most lots have 50-Amp service. Potential to expand or add tents.

Location

Corbett OR

Amenities

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

Park Information

Number of RV Lots: 15
Year Built: 1987
Average RV Lot Rent: $440
Size: 3.6 acre(s)

Financial Information (Actual)

Gross Income $144,567
Operating Expense $93,221
Net Operating Income $51,346
Expense Ratio 64.5 %
Debt Info None

Utility Information

Water: City
Sewer: Septic

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