Contact Information
RV Park/Campground Details
- Price: $1,200,000
- Cap Rate: 11.8% (Actual)
- Listing ID: 6867235
- Posted On: Apr 11, 2025
- Updated On: Apr 11, 2025
Description
- 11.82% Day One CAP Rate - Priced at $12,121 Per Site
- Properties are Located Along I-20 Just 3.5 Miles Apart
- Operates on City Water and City/Septic Sewer
- Approximately 7.3 Acres of Undeveloped Land
- Onsite Management Willing to Stay Onboard
Amenities
- Laundromat
- Bathhouse
- Wifi
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Park Information
Number of RV Lots: | 99 |
Size: | 15.0 acre(s) |
Financial Information (Actual)
Gross Income: | $408,214 |
Operating Expense: | $266,372 |
Net Operating Income: | $141,842 |
Expense Ratio: | 65.3 % |
Utility Information
Water: | City |
Sewer: | City |