Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
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: 40.0%
  • Listing ID: 573805
  • Posted On: Oct 9, 2015
  • Updated On: Oct 3, 2016

Description

Back to nature, but still close enough to shopping and 23 miles from Starved Rock state park, and only 15 miles from 2 major highways. This 38.8 acre campground has loads of amenities, 89 large sites, 2 small spring fed lakes, a beach, 2 ponds, golf cart trails, half a mile of river front, WiFi, general store, game room, pavilion, peddle boats, canoe launch, hot showers, laundry, dump station, playground, barrel train, vending machines, LP tank exchange, fishing, multiple buildings, and much more. Established over 50 years ago, and revamped last year after being a private campground almost 20 years. 36 full hookup 30amp sites, 26 water and 30amp electric sites, primitive sites, 2 open fields, fire wood processing onsite. Lots of room for expansion. This campground still generated 62K not including the haunted house coming up (only haunted house in 30+ miles) even after a very wet spring/summer, with next year projections around 85k. This campground still has much more potential, but a death in the family is forcing a sale.

Amenities

  • Laundromat
  • Club House
  • Storage
  • Boat Access
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 89
Year Built: 1962
Average RV Lot Rent: $32
Size: 38.8 acre(s)

Financial Information

Gross Income: $62,677
Operating Expense: $16,398
Net Operating Income: $46,279
Expense Ratio: 26.2 %

Utility Information

Water: City
Sewer: Septic