Contact Information
RV Park/Campground Details
- Price: $499,000
- Purchase Method: Cash
- Cap Rate: 20.0%
- Listing ID: 3721647
- Posted On: Sep 23, 2023
- Updated On: Oct 3, 2023
Description
Highlights:
- 20 RV Sites / 20 Mobile Home Sites. Room for Expansion
- $12,475 per pad
- Highway Frontage
- City Water/City Sewer
- Storage Units & Laundry on site
- Dirt/Grass Pads all with a concrete pad for car parking or patio
- 35K Cash Back at Closing if at $535,000
- On-Site Property Manager
- 2,300 cars per day
- Pro forma NOI $99,723 with 30% vacancy
- Lot Size: 11 Acres
Location
Directly off Hwy 70 behind the Department of Transportation
Amenities
- Laundromat
- Storage
- Manager Office
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 40 |
| Year Built: | 2016 |
| Average RV Lot Rent: | $350 |
| Size: | 11.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $157,800 |
| Operating Expense: | $58,077 |
| Net Operating Income: | $99,723 |
| Expense Ratio: | 36.8 % |
Utility Information
| Water: | City |
| Sewer: | City |
