Contact Information

RV Park/Campground Details

  • Price: $3,750,000
  • Purchase Method: Cash
  • Cap Rate: 17.0%
  • Property ID: 1354928
  • Posted On: Nov 12, 2020
  • Updated On: Nov 14, 2020

Property Description

74 unit RV park on a championship golf course. City sewer, water, WIFI, cable tv and full power. Swimming pool, bathhouse, and 2 community buildings. Gross Income exceeds $1.25 million. Park is a destination park that stays very busy year around. The gross income is growing every year. Park is 3 years old and keeps improving every year. Would consider a working partnership. Owner needs a vested partner to take over some of the duties.

Location

Just 5 minutes from the Gulf of Mexico, and 35 minutes from Tallahassee Florida. Just 30 minutes from FSU.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Wifi
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Park Information

Number of RV Lots: 74
Year Built: 2018
Average RV Lot Rent: $800
Size: 13.9 acre(s)

Financial Information (Actual)

Gross Income $1,250,000
Operating Expense $600,000
Net Operating Income $625,000
Expense Ratio 48.0 %
Debt Info

Utility Information

Water: City
Sewer: City

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