Contact Information
RV Park/Campground Details
- Price: $1,600,000
- Cap Rate: 10.2% (Actual)
- Listing ID: 6801275
- Posted On: Jan 8, 2025
- Updated On: Jan 16, 2025
Description
- Operates on City Water and Septic Sewer
- Built in 2022 and Opened April of 2023
- Expansion Capability for Approximately 50 Additional Sites (13.43 Acres Total)
- Located Approximately 10 Minutes from Tyler and 10 Minutes from Lake Palestine
- Individually Metered for Electric (Currently All Bills Paid)
- Seller Financing Available
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Park Information
| Number of RV Lots: | 48 |
| Year Built: | 2023 |
| Size: | 13.4 acre(s) |
Financial Information (Actual)
| Gross Income: | $286,200 |
| Operating Expense: | $123,537 |
| Net Operating Income: | $162,663 |
| Expense Ratio: | 43.2 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
