RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.9% (Actual)
- Listing ID: 1706598
- Posted On: Jul 6, 2022
- Updated On: Oct 5, 2022
Description
Self Managed, INCOME PRODUCING RV Park with room for EXPANSION!! 3.77 Acres and 12 existing lots, fully APPROVED (see docs on file) for an additional 10! Two income producing Mobile Homes included in the purchase, in addition to a two bedroom, two bath, 2164 sqft home, with INCOME PRODUCING potential! Seller to provide plumbing and electrical supplies for five additional spots! Septic and Well with City Water accessible at the road. Two of the three Septic Tanks are nearly new, and have the capability of supporting up to thirty RV's!
Conveniently located close to Beach Express and I-10!! Don't miss out on this rare opportunity!!!
Amenities
- Manager Office
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 12 |
| Average RV Lot Rent: | $450 |
| Size: | 3.8 acre(s) |
Financial Information (Actual)
| Gross Income: | $75,600 |
| Operating Expense: | $13,680 |
| Net Operating Income: | $61,920 |
| Expense Ratio: | 18.1 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |