Contact Information

RV Park/Campground Details

  • Price: $3,950,000
  • Property ID: 1338073
  • Posted On: Oct 10, 2020
  • Updated On: Oct 10, 2020

Property Description

— Rare opportunity to acquire large approved RV Resort in a highly developed senior market
— Strong Snowbird demand market as demonstrated by the competition and a Daily Traffic Count of 40k
— LOCATED IN AN OPPORTUNITY ZONE which is 1 of only 4 Opportunity Zones in Highlands County
— City Utilities to site, Curb Cut, Entitlements in place, just needs final site plan and SWFTMD approval
— Modeled Based on 562 sites, with potential to add another 125 sites, which have not been forecasted
Project IRR: 20%
Equity Multiple: 2.5X

*There is no co-brokerage fee built into this listing. All buyers' brokers will be required to register their buyers as well.
The buyer will have to execute the NDA, and separate fee arraignments will have to be made to protect the buyers' broker, between the buyer and their broker. Yale Realty & Capital Advisors can provide a buyers-broker NDA with fee addressed, if needed.

Location

Sebring, Florida

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Park Information

Number of RV Lots: 560
Size: 101.0 acre(s)

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