Contact Information
RV Park/Campground Details
- Price: $17,950,000
- Purchase Method: Cash, New Loan
- Cap Rate: 6.0%
- Property ID: 1742803
- Posted On: Aug 24, 2022
- Updated On: Nov 4, 2022
Property Description
This RV resort, campground and marina business for sale in the Midwest includes multiple campgrounds, marinas, restaurants and supporting properties. Nearly all of the businesses are located on a large lake that draws people from major cities within a two-hour drive. The complete package contains more than 230 acres of real estate with over 1,000 rentable campsites, 500+ boat slips and two full-service marinas offering sales, service and storage of popular outdoor recreational vehicles.
Location
The properties include more than 230 acres with over 100 acres of lake access property. The campgrounds include numerous buildings to support retail sales, food service, maintenance, and recreational activities in support of hundreds of guests. The marinas include showrooms for retail sales, repair/service facilities, fuel points, boat storage facilities, and over 5,000 feet of concrete seawall to support boat rental and other modern marina operations.
Amenities
- Pool
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
| Number of RV Lots: | 1000 |
| Year Built: | 1971 |
| Average RV Lot Rent: | $2,300 |
| Size: | 230.0 acre(s) |
Financial Information (Actual)
| Gross Income | $7,544,458 |
| Net Operating Income | $1,178,111 |
| Debt Info |
Utility Information
| Water: | Well |
| Sewer: | Septic |
