RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 9.7% (Pro Forma)
- Listing ID: 455176
- Posted On: Jun 11, 2014
- Updated On: Dec 11, 2014
Description
The Elko RV Park utilizes a 40 acre parcel located on Interstate 80 at Exit 314. The property runs from the interstate south to the Railroad right of way. The Humbolt river crosses the southwest corner or the property. A recently renovated 120 apace RV Park with a a 50 space expansion opportunity. We offer daily weekly and monthly space rentals. Structures include a two bedroom manufactured home (managers quarters) A centrally located 3300 sq ft building that houses a Tavern with 8 lucrative video poker slot machines. An office/store with dairy, liquor, RV parts etc., restrooms/washrooms, Laundromat. A second building with a 2nd laundromat restrooms/washrooms. Two Bay equipment building. a 8X10 steel Condex to secure tools and equipment. 10X30 building for equipment storage sales. We have propane sales, sewer dump station and Free Wi-Fi.
Amenities
- Laundromat
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
| Number of RV Lots: | 120 |
| Average RV Lot Rent: | $377 |
| Size: | 40.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $810 |
| Operating Expense: | $501 |
| Net Operating Income: | $309 |
| Expense Ratio: | 61.9 % |
| Debt Info: | 2,199,000 6% 131,940 |
Utility Information
| Water: | Well |
| Sewer: | Septic |