RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.6%
- Listing ID: 1294866
- Posted On: Jul 25, 2020
- Updated On: Oct 8, 2020
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: | $92,470 |
| Net Operating Income: | $52,097 |
| Expense Ratio: | 64.0 % |
| Debt Info: | None |
Utility Information
| Water: | City |
| Sewer: | Septic |