RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 0.0%
  • Property ID: 1530043
  • Posted On: Oct 5, 2021
  • Updated On: Feb 15, 2022

Property Description

This RV Park has it all! Located in West Odessa on 1.36 Acres. 21 RV spots, 1 Extra Large RV spot behind storage/apartment, a fully furnished 500 square foot efficiency apartment with 1 bedroom and 1 bath rented out, large storage building with garage door and 13 individual storage units that can be rented out. Every RV spot is set up with 30/50 AMP service. 2 Septic tanks and 1 water well on the property. Income producing and very well maintained.

Location

West on 42nd St., Left onto Tripp Ave., Right on West Candace. The property will be on the left hand side of the road.

Amenities

  • Storage
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Park Information

Number of RV Lots: 22
Year Built: 2018
Average RV Lot Rent: $400
Size: 1.4 acre(s)

Financial Information (Pro Forma)

Gross Income $38,440
Operating Expense $24,000
Net Operating Income $14,440
Expense Ratio 62.4 %
Debt Info Zero

Utility Information

Water: Well
Sewer: Septic

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