RV Park/Campground Details
- Cap Rate: 8.2%
- Listing ID: 1949069
- Posted On: Dec 7, 2022
- Updated On: Dec 20, 2022
Description
** 2022 TTM NOI $409,076 ** 2021 NOI $428,098 ** Year 1 NOI $424,201 ** $526,875 in 2023 Reservations Booked ** All Age ** Built in 1975 with major renovations in 2020 ** 12 - 100 amp sites ** 153 - 50 amp sites ** 110 30 amp sites ** 275 total sites
Location
63 acres fronting the Kishwaukee River located 67 miles from Chicago. The Resort has 275 RV sites, 165 full hook-up sites, 110 water and sewer sites, and one park model rental. RV guests are able to enjoy a pool, spa, three recreational pavilions, clubhouse with liquor lockers, onsite propane, jumping pillow, two playgrounds, wibit course, fishing, fiver access and float trips, and dog park.
Amenities
- Laundromat
- Pool
- Club House
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
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Park Information
| Number of RV Lots: | 275 |
| Year Built: | 1975 |
| Average RV Lot Rent: | $1,600 |
| Size: | 63.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $778,822 |
| Operating Expense: | $354,614 |
| Net Operating Income: | $424,208 |
| Expense Ratio: | 45.5 % |
| Debt Info: | N/A |
Utility Information
| Water: | Well |
| Sewer: | Septic |