Photo of RV Park/Campground
RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.8%
- Listing ID: 926423
- Posted On: May 8, 2018
- Updated On: Aug 21, 2018
Description
Please contact Steven J. Tomaso at (518)879-2268 or email at stevenjtomaso@ireinvestment.com for full package. Below is a high level overview.
*152 full hook up sites
*26 additional sites ready for immediate set up
*Approval and planning for 330+ sites
*92 Acres
*Pool
*Club House
*Laundry
*Volleyball
*RV Storage
*Gross income$433,236
*NOI $195,229
*Cap rate for 2017 financials 8.81%
*Cap rate for 2018 financials 9.75% (rental rate increases in effect now)
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 152 |
| Year Built: | 1970 |
| Average RV Lot Rent: | $2,700 |
Financial Information (Actual)
| Gross Income: | $433,236 |
| Operating Expense: | $238,007 |
| Net Operating Income: | $195,229 |
| Expense Ratio: | 54.9 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
