RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 5.0% (Actual)
- Listing ID: 1389680
- Posted On: Feb 5, 2021
- Updated On: Feb 15, 2022
Description
JTACR is pleased to present Diamondback RV Park & Storage for sale.
This offering includes 34 RV pad sites and 39 varying size storage units.
Recently constructed pad sites and storage facilities make for a great opportunity to step into this investment and focus on the operations and value add.
The park is family owned and professionally managed by a third party manager.
Contact us for full marketing packet!
Location
Diamondback RV Park is located just over 5 miles from Highway 20 and minutes from 338.
Amenities
- Storage
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 34 |
| Year Built: | 2015 |
| Average RV Lot Rent: | $475 |
| Size: | 2.5 acre(s) |
Financial Information (Actual)
| Gross Income: | $125,409 |
| Operating Expense: | $64,655 |
| Net Operating Income: | $60,754 |
| Expense Ratio: | 51.6 % |
Utility Information
| Water: | City |
| Sewer: | Septic |