RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 11.0%
  • Property ID: 992537
  • Posted On: Sep 24, 2018
  • Updated On: Aug 30, 2019

Property Description

Red Bear Resort is a beautiful get away right on the lake front of Lake Tawakoni. Covering 27 acres of land, this resort is designed to be a break from the city. It includes multiple boat ramps, boat slips, fishing docks, a pool, a convenience store, public restrooms, a managment office, and a laundry facility.

For ensured safety, the community has entrance/exit gates as well as security cameras throughout the property.

The septic is designed for up to 300 RVs.
The property can be doubled in size (from 112 current to 200 plus).

Amenities

  • Laundromat
  • Pool
  • Boat Access
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 112
Average RV Lot Rent: $400
Size: 27.0 acre(s)

Financial Information (Actual)

Gross Income $316,528
Net Operating Income $242,988
Debt Info

Utility Information

Water: City
Sewer: Septic

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