RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 7.6%
  • Listing ID: 1676809
  • Posted On: May 25, 2022
  • Updated On: Jul 26, 2022

Description

FOR SALE RV CAMPGROUND INVESTMENT PROPERTY, THIRTY EIGHT LOT CAMPGROUND PACKAGE DEAL, with HOA
established to handle all maintenance and upkeep. Catering to the growing RV market, 38 individual camping lots are rented
seasonally from May 15-October 15. Rental rates average $2740 per lot. The lots are located as part of HOA campground
Breezy Hills in Holland, New York. ABOUT 40 MINUTES FROM BUFFALO. Each lot has water and electric hook-ups and will
accommodate todays largest RV’s. The HOA fee includes all road and common area maintenance, along with planned
activities. New owner can continue with rental business or sell the lots individually. Property amenities include the following:
two restroom and shower buildings, playgrounds, hiking trails, activity and picnic facilities. Sewer pump out services are the
responsibility of the lot owner or renter. Some lots have views of existing ponds. Excellent cap rate of 7.6%, when all lots are
rented. HOA Facebook page: https:www.facebook.com/BreezyHills1/Camper resorts Inc Breezy Hills

Location

Parker Rd between Hunters Creek Rd and Whitney Rd.

Amenities

  • Bathhouse
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Park Information

Number of RV Lots: 38
Average RV Lot Rent: $2,740
Size: 24.0 acre(s)

Financial Information (Actual)

Gross Income: $104,120
Operating Expense: $43,735
Net Operating Income: $60,385
Expense Ratio: 42.0 %
Debt Info: None

Utility Information

Water: Well
Sewer: Septic