RV Park/Campground Details

  • Cap Rate: 10.0%
  • Listing ID: 70056
  • Posted On: May 27, 2011
  • Updated On: Jan 16, 2014

Description

This park has been in West Palm Beach since the early 1920's. Currently grand fathered in as an RV Park the City of West Palm Beach is no longer allowing them. This is the only park in town. Offered at 1,450,000 this park operates on a CAP rate of 10%.NET

• 31 Spaces plus additional income from rental apartments, office space, coin laundry

• close to ocean, palm beach, and City Place and Convention Center, East of I-95

• City Water/ City Sewer All Separate Metered Electric

2008 Scheduled Gross Income: $200,000 Operating Expenses: $44,216 Net Operating Income: $155,784 Pre-Tax Cash Flow: $173,304 **all information is deemed reliable but not Guaranteed **

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Park Information

Number of RV Lots: 31

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