RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 7.7%
  • Listing ID: 1714809
  • Posted On: Jul 18, 2022
  • Updated On: Nov 15, 2022

Description

This 53 Unit (after recent expansion) RV park just a few minutes from I-35 and Airline Rd that has a Loves Truck Stop and a small Casino. This Cash Flow opportunity features 53 Hookups on Rural Water, Laundry Building, Office with Bathrooms and Public Showers with a Dog Park and Children's playground on a well cared for, freshly graveled yearly grounds. Well lit with almost 11 acres and the ability to expand further. 3 RVs owned by park currently rented, fantastic manager in place. In an Opportunity Zone.

Location

This property is located only a few minutes from Interstate 35 on Airline Road in Pauls Valley. I-35 is the major highway between Dallas, Texas and Oklahoma City, Oklahoma. Traffic counts on Airline Road are 3,600+/day and traffic counts on I-35 are 30,000+/day. Located near many amenities including Pauls Valley Golf Course, Pauls Valley Municipal Airport, Love's Travel Stop, and Jet Stream Casino. Agricultural is the primary economic activity in the Pauls Valley area. Corn, wheat, hay, and cotton have been grown successfully in the region, and cattle production is a major activity. Petroleum industry services is the second largest activity in the region. The nearby Golden Trend oil and gas field is still one of the major producing fields in Oklahoma. In more recent years, the town has attracted some light manufacturing plants such as plastics products.

Amenities

  • Laundromat
  • Manager Office
  • Bathhouse
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 53
Average RV Lot Rent: $450
Size: 11.1 acre(s)

Financial Information (Actual)

Gross Income: $145,680
Operating Expense: $62,854
Net Operating Income: $82,826
Expense Ratio: 43.1 %

Utility Information

Water: City
Sewer: Septic

Video

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