RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.0%
- Listing ID: 1351477
- Posted On: Nov 5, 2020
- Updated On: Mar 16, 2021
Description
Great for owner/manager. Profitable RV Park w/16 RV spaces and 3 MH spaces (2 occupied by RVs), 1 has leased MH, plus 1 SFR with 3 bedrooms/1 bath. RV park office attached to SFR. RV and MH space rent $385; MH rent $800/mo. Residence rent $650/mo. Long term residents. RV spaces have upgraded 50 amp circuits. Two septic systems, 1 for RV spaces and 1 for home. All infrastructure improvements upgraded, working and to code.
Location
US Highway 101 N past Lucky 7 Casino. Property is on the east side of the highway across from the Beach Estates.
Amenities
- Manager Office
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 16 |
| Year Built: | 1986 |
| Average RV Lot Rent: | $385 |
| Size: | 1.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $100,976 |
| Operating Expense: | $44,561 |
| Net Operating Income: | $56,415 |
| Expense Ratio: | 44.1 % |
Utility Information
| Water: | City |
| Sewer: | Septic |