RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 9.0%
  • Listing ID: 1576048
  • Posted On: Dec 18, 2021
  • Updated On: Mar 5, 2022

Description

9% cap rate based on Proforma!

River's Edge Marina is the perfect stop for leisure boating needs. It’s a full-service fuel dock and convenience store located at Mile 584.6 of the Ohio River on the Indiana Side.

It’s the only Fuel stop within 53 miles that provides ValvTect Marine Fuel in three grades of gasoline as well as Diesel from above ground tanks.

The Fuel pumps are available 24 hour a day 365 days a year.

River’s Edge also offers a variety of Snacks, Ice Cream, Drinks, Ice, Tobacco Products, Marine Supplies, Fishing Supplies, Live Bait.

There is a boat ramp available and transient Docking is available on the main fuel dock.

The fuel tankers are above ground so there’s never issues with water in the fuel.

The entire floating facility including barges, building, fuel pumps, fuel lines, processing system has been replaced since 2017.

There are two barges with a total length of 100' which can easily handle a 125' boat.

There is also a Jet Port located behind the barge for Off-Chanel filling of wave runners and jet skis.

For more info: https://www.kcrea.com/listing/30775120

Location

River's Edge Marina is the perfect stop for leisure boating needs. It’s a full-service fuel dock and convenience store located at Mile 584.6 of the Ohio river on the Indiana Side.

Amenities

  • Storage
  • Boat Access
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 3
Average RV Lot Rent: $3,000

Financial Information (Pro Forma)

Gross Income: $448,200
Operating Expense: $371,600
Net Operating Income: $76,600
Expense Ratio: 82.9 %