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AMAZING OPPORTUNITY. FOR SALE BY OWNER

RV Park/Campground for Sale in Amarillo, Texas

RV Park/Campground for Sale

Number of RV Lots: 188
Size: 24 acre(s)
Purchase Method: Cash, New Loan
Status: Sold
Property ID: 822105
Posted on: Jun 12, 2017
Updated on: Sep 12, 2017

Property Description

This facility is only 10 years old and already rated one of the top 5 parks in the State of Texas by Good Sam. Rated #1 in the area on TripAdvisor, Expedia, Yelp, RVParkReviews and Google+. Open year-round. Just off I-40 - hundreds of thousands of vehicles per week. Recent appraisal of $6.5M. Asking price yields 10-12% cap rate. Room for expansion and growth with undeveloped adjoining 5 acres. Year round occupancy averages 85%. Annual revenue at $1.2M+. Owners may consider carrying a portion of the note.

188 full service sites / 147 pull thrus Private showers/bathrooms with storm shelters All paved roads and level concrete sites Heated outdoor pool and spas (seasonal) Propane on-site Large Clubhouse Exercise room Laundry facilities Owner/manager apartment Retail and restaurant area 24 acres + 5

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Park Information

Size:24.0 acre(s)

RV Space Information

Number of RV Lots:188

Utility Information

Water:Well
Sewer:Septic

Amenities and Other

Laundromat: Yes
Pool: Yes
Club House: Yes
Storage: Yes
Manager Office: Yes
Bathhouse: Yes
Store: Yes
Wifi: Yes
Fitness Center: Yes