RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 14.0%
- Listing ID: 1600221
- Posted On: Feb 8, 2022
- Updated On: Jun 5, 2023
Description
117 site RV park located on 26 acres surrounding a 7 acre pond located 30 minutes from Providence, with 11 million in population within a 100 mile radius. The Park has 93 full hookup sites, 14 water & electric sites and 10 primitive sites. Guests enjoy a fishing pond, horseshoes, laundry facilities, picnic area, playground, swimming pool and an open air pavilion.
Location
28 miles southwest of Providence
Amenities
- Laundromat
- Pool
- Bathhouse
- Wifi
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Park Information
| Number of RV Lots: | 117 |
| Year Built: | 1975 |
| Average RV Lot Rent: | $65 |
| Size: | 26.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $382,918 |
| Operating Expense: | $177,504 |
| Net Operating Income: | $205,414 |
| Expense Ratio: | 46.4 % |
| Debt Info: | No debt |
Utility Information
| Water: | Well |
| Sewer: | Septic |