RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Cap Rate: 9.3% (Actual)
- Listing ID: 6654789
- Posted On: Jul 16, 2024
- Updated On: Sep 5, 2024
Description
Lake Mayfield RV Resort Features 40 RV sites with Full Hookups including 30 & 50 amps. Other Accommodations include 18 Tent Site, 7 Dry Cabins, 23 Unit Hotel and 1 House. The Roughly 109 Boat Slips are Day Use, Rented, or Membership based. The Resort has a Large General Store, Gas Station, Common Covered Area, Parks, Restaurant (not in use), and Leisure activity rentals: JetSki's, Fishing Boats, Kayaks, Party Boats, and Peddle boats. Manager Quarters. Close to MT. ST. Helens and MT. Rainier. Located between Seattle and Portland off Interstate 5 on Mayfield Lake (20 miles east of Interstate 5). Driving time will vary from 1 1/2 hours from Portland and to 2 1/4 hours from Seattle. Buyer performs all due diligence and validity of info.
Amenities
- Laundromat
- Club House
- Storage
- Boat Access
- Manager Office
- Store
Park Information
| Number of RV Lots: | 40 |
| Size: | 0.3 acre(s) |
Financial Information (Actual)
| Gross Income: | $776,585 |
| Operating Expense: | $96,969 |
| Net Operating Income: | $601,749 |
| Expense Ratio: | 12.5 % |
Utility Information
| Water: | City |
| Sewer: | Septic |