RV Park/Campground Details

  • Cap Rate: 11.0%
  • Listing ID: 72413
  • Posted On: Jun 7, 2011
  • Updated On: Nov 28, 2011

Description

Whispering Pines RV & Cabin Resort Offered For Sale

Asking Price $3.3 million

Reduced to Sell at $3.0 million (11% Cap Rate)

Profitable, Turn-Key Operation!

Whispering Pines RV & Cabin Resort is a family-oriented destination resort in East Texas. Located on 47.3 wooded acres, just 6 miles north of Interstate 20 in Tyler, this operation is ready for a new owner to take it to the next level! There is plenty of room for growth and expansion. Tremendous family reunion and RV Rally business in place.

With this offering, you will enjoy:

ü 133 RV sites, 130 full hook-up sites and 3 water and electric only (30 and 50 amp electricity)

ü 15 Cavco park model full-service cabins, all less than 6 years old

ü 14 older full-service rental trailers

ü 5 meeting rooms for rallies, family reunions, or parties that seat 50 to 200 people

ü 2 Outdoor pavilions that seat 30 and 140 people

ü Wifi throughout resort

ü Office building with registration area and great gift shop

ü Fishing pond – approximately 4 acres

ü 2 sets of shower houses

ü Large laundry room with 6 washers and 6 dryers

ü Jumping Pillow

ü 2 salt water swimming pools – 1 adult-only pool and hot-tub and 1 large family pool with mushroom water feature and swim-up island, both pools less than 6 years old

ü Arcade

ü 5 golf cart rentals and 7 pedal bike rentals

ü Basketball/tennis courts, mini-golf, horseshoes, shuffleboard, volleyball court, play ground

ü Commercial kitchen, currently utilized as snack bar from May to September and for catering group events

ü Workshop

ü Tractor, mower, 2 Kawasaki mules, gator and housekeeping golf cart

ü RV storage area

Business operations include:

ü Repeat customer base

ü Reservations already booked into future years

ü Average of 30 permanent residents year-round

ü Theme weekends and planned activities through-out the year

ü Experienced full-time manager and maintenance staff in place

ü Fully automated reservation and point-of-sale inventory systems in place

ü Website – www.whisperingpinesrvresort.com

ü Customer list available for last 6 years

ü Constant Contact account for quick email to customer list

ü Over 5,000 fans on Facebook – instant access! Our site is www.facebook.com/whisperingpinesresort

Known opportunities for growth:

ü Cabins – significant demand for more rental units!

ü Weddings and birthday parties

ü Targeted advertising in Dallas/Fort Worth area (none done in past)

ü Food service

ü Propane sales (facilities already set-up)

Click Here to View Pictures

http://www.rvparkstore.com/rv_parks_for_sale/pdf/Whispering%20Pines%20Photos.pdf

Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 133

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