Contact Information
John McGuffey
RV Park/Campground Details
- Price: $1,560,000
- Purchase Method: Cash, New Loan
- Cap Rate: 8.3%
- Property ID: 1651285
- Posted On: Apr 20, 2022
- Updated On: Jun 22, 2022
Property Description
Incredible investment opportunity! Brand new tiny home-RV gated community that just opened in Athens. 13 spaces on a beautiful wooded tract, dog park, street lights and custom entrance. Three (3) income producing tiny homes convey with the property! Add more homes and greatly increase the income! 3 miles to the town square and 3 miles to Lake Athens! Call for more information 903-681-1237.
Location
Head east on E. Tyler St., left on FM 1616, across loop, property on left
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 13 |
| Year Built: | 2022 |
| Average RV Lot Rent: | $600 |
| Size: | 3.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income | $160,740 |
| Operating Expense | $31,041 |
| Net Operating Income | $129,699 |
| Expense Ratio | 19.3 % |
| Debt Info |
Utility Information
| Water: | Well |
| Sewer: | Septic |
