RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 75.0%
- Listing ID: 397718
- Posted On: Aug 29, 2013
- Updated On: Sep 3, 2014
Description
Beautiful park with many different types of palm trees, oak trees. Located within minutes of the beach (gulf of mexico). 45 minutes from Houston and Galveston. Within minutes of Dow Chemical and LNG plants. Excellent park for monthly construction workers. Lots of work going on for next 7 -10 years. 40 spaces with 20, 30, 50 amp service with water and sewer. Excellent income. The park is less than a year old. All new utilities with new washateria, community center. There is a 6550 sq.ft. metal building that is living quarters etc. Many possibilites. Almost 3 acres. Still room for more spaces.
Amenities
- Laundromat
- Club House
- Manager Office
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 40 |
| Year Built: | 2012 |
| Average RV Lot Rent: | $400 |
| Size: | 3.0 acre(s) |
| Development Land: | This is land for developing a RV park. |
Financial Information (Actual)
| Gross Income: | $12 |
| Operating Expense: | $1 |
| Net Operating Income: | $150 |
| Expense Ratio: | 8.3 % |
| Debt Info: | note is 250k with pmt of 3,300.00 per month |
Utility Information
| Water: | City |
| Sewer: | City |
