Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Low Aerial
RV Park/Campground Details
- Purchase Method: Cash, Assumable Loan
- Cap Rate: 8.0%
- Listing ID: 818115
- Posted On: May 31, 2017
- Updated On: Feb 28, 2018
Description
37 RV spaces in gated property with 6 RV's owned by the Park. 13 of the spaces are leased to long term tenants. 2017 Income up 15% over 2016 through Sept and expenses are down 25%. NOI for 2017 projected around $57,000. 2,714 sf two bedroom two bath Building used by the manager/owner. Building includes leasing office, laundry room, two screen porches with TV for events, playground, showers and restroom for tenants use. Plenty of room for additional storage of boats, ATV's and other vehicles. Additional land is for sale. LoopNet ID 20294520
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 37 |
| Average RV Lot Rent: | $385 |
| Size: | 2.4 acre(s) |
| Development Land: | This is land for developing a RV park. |
Financial Information (Actual)
| Gross Income: | $127,000 |
| Operating Expense: | $70,000 |
| Net Operating Income: | $57,000 |
| Expense Ratio: | 55.1 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
