RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 12.8% (Pro Forma)
- Listing ID: 230749
- Posted On: Jul 22, 2012
- Updated On: Aug 2, 2013
Description
R.V. Park East County San Diego. 146 Full Hook-up Sites (Water, 30/50 amp Service, Septic). Store / Office building, Club House building, laundry facilities, pool/spa, restroom / showers. The park sits on a total of 45 acres. There are 2 Park Model homes (Modular homes) in an area that is layed out to eventually have 35 modular homes. There are 3 wells serving the Property. 2 wells serve the RV Park, a 10,000 gal tank and a 30,000 gal tank. There are fire hydrants throughout the property. There are several septic tanks. The park entrance is gated. The RV Park is within 10 miles of several large Wind Power Projects. The workers on these projects mostly all have RV's. They like to live near the projects. The RV Park could double or even triple its annual business over the next couple of years. Visit Park website at www.sacredrocksreserve.com
Location
Please call listing agent to schedule a tour
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
| Number of RV Lots: | 146 |
| Year Built: | 1971 |
| Average RV Lot Rent: | $35 |
| Size: | 45.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $347,700 |
| Operating Expense: | $85,003 |
| Net Operating Income: | $262,697 |
| Expense Ratio: | 24.4 % |
| Debt Info: | 2013 |
Utility Information
| Water: | Well |
| Sewer: | Septic |