Contact Information
Vincent Callaghan
RV Park/Campground Details
- Price: $1,150,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.0%
- Listing ID: 3917981
- Posted On: Oct 28, 2023
- Updated On: Nov 7, 2023
Description
Beautiful 100+ pad park with amenities close to Fort Wayne, Indiana.
Grossing roughly 200K annually. Seller financing with a 33% down payment.
Rents well below market with immediate upside. Well and Septic
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 100 |
| Year Built: | 1985 |
| Average RV Lot Rent: | $225 |
Financial Information (Actual)
| Gross Income: | $200,000 |
| Operating Expense: | $65,000 |
| Net Operating Income: | $135,000 |
| Expense Ratio: | 32.5 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
