Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.2%
  • Listing ID: 394937
  • Posted On: Aug 18, 2013
  • Updated On: Nov 6, 2015

Description

This Park is located about 60 miles east of downtown San Diego. It is very near the Golden Acorn Casino and walking distance to grocery, liquor and other retail stores. The Park has 22 spaces. 2 of the spaces have owner owned units in them. 1 is 1400 sq ft and the other is a Park Model. The park has about 92% occupancy with many guest being long term tenants. The Club house has recently been remodeled with a new wiring and plumbing. There is a fairly new swimming pool that is heated. The Park has 3 parcels. The Park is mostly located on a 1.63 acre parcel. There is a 0.73 and part of 1.18 acre parcel that are used for RV Storage. These 2 parcels could be used to double the size of the Park. There are 2 wells and 2 septic systems. The units are 30/50 amp. Propane provided for mobile homes and rental for RV's. The Park is 55+. Do not disturb guests or contact the park manager. Call Jim Miller 619 273-9798 if you would like to make arrangements to visit park.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
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Park Information

Number of RV Lots: 22
Year Built: 1970
Average RV Lot Rent: $350
Size: 3.5 acre(s)

Financial Information (Pro Forma)

Gross Income: $94,500
Operating Expense: $30,026
Net Operating Income: $64,474
Expense Ratio: 31.8 %

Utility Information

Water: Well
Sewer: Septic

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