RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.1%
- Listing ID: 2026786
- Posted On: Jan 26, 2023
- Updated On: Jul 25, 2023
Description
Twelve RV spots and one single family home. Home rents for $1400. RV spaces lease for $550. Owner is increasing lease spaces to $580. Laundry mat has coin operated washer and dryers. Seller will consider owner financing with acceptable offer and terms. There is a small amount of space behind the home but no adjoining land is for sale at this time. Price decrease was input error.
Location
The RV Park is located just a mile from Hwy 287 and less than 2 miles from the historic Decatur courthouse and square. Lake Bridgeport is west of the park.
Amenities
- Laundromat
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 12 |
| Year Built: | 2021 |
| Average RV Lot Rent: | $550 |
| Size: | 2.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $97,440 |
| Operating Expense: | $29,323 |
| Net Operating Income: | $68,117 |
| Expense Ratio: | 30.1 % |
| Debt Info: | Seller will consider owner financing with acceptable offer. 20% down 20 year amor |
Utility Information
| Water: | Well |
| Sewer: | Septic |
