RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 8.1%
- Listing ID: 1565790
- Posted On: Dec 2, 2021
- Updated On: Jun 5, 2023
Description
276 Site RV Park located on 68 acres surrounding a 10 acre lake located 70 miles from the Chicago MSA. The Park has 233 full hookup sites, 37 water & electric, and 6 primitive sites. Guests enjoy a volleyball court, walking trails, fishing and swimming lake, laundry facilities, picnic area, dog park and playground.
Location
Located in Indiana 70 miles southwest of the Chicago MSA.
Amenities
- Laundromat
- Manager Office
- Bathhouse
- Store
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Park Information
| Number of RV Lots: | 276 |
| Year Built: | 1981 |
| Average RV Lot Rent: | $60 |
| Size: | 68.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $535,519 |
| Operating Expense: | $293,333 |
| Net Operating Income: | $242,186 |
| Expense Ratio: | 54.8 % |
| Debt Info: | No Debt |
Utility Information
| Water: | Well |
| Sewer: | Septic |