RV Park/Campground Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 12.0%
- Listing ID: 632714
- Posted On: Feb 9, 2016
- Updated On: Jun 15, 2016
Description
www.wolflodgecampground.com
Money making 6 month summer resort with 5 clean rustic cabins , 27 R/V sites with water , sewer , and electric . 29 R/V sites w / water and electric and 42 camp sites.Laundry and rest / shower rooms . Nice shop for storage / equipment etc
Park is already taking reservations for Summer 2016
12% ROI in 2014 and 2015 net income .
Owner will work with buyer to insure a smooth transition.
Wolf Creek along side goes into Lake Coeur d Alene . Public boat ramp 5 min away . Office / store Coeur d, Alene city limits 10 minutes . I - 90 exposure easy access . Good Sam affiliate . Lots of open space and fun things to do - canoe in the creek , volleyball , shuffle board , horseshoes , bike playground ,gathering pavilion with community campfire
Amenities
- Laundromat
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
| Number of RV Lots: | 56 |
| Year Built: | 1990 |
| Average RV Lot Rent: | $37 |
| Size: | 12.0 acre(s) |
Financial Information
| Gross Income: | $219 |
| Operating Expense: | $106 |
| Net Operating Income: | $108 |
| Expense Ratio: | 48.4 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |