Contact Information

RV Park/Campground Details

  • Price: $940,000
  • Purchase Method: New Loan
  • Property ID: 997837
  • Posted on Oct 11, 2018

Property Description

Sales price $940,000.00 (SOLD)

$235,000 down / 6% interest / 20 yr amortization.

$235,000.00 down / ballance $705,000.
$5,047.80 mo = $60,573.60 yr.

2017 NOI $140,392.00
$60,537.60 - mortgage payment

$79,818.40 + $41,825.24 payroll = $ 121,643.64 left over after mtg and all the bills are paid.

(these numbers are an estimate, final calculations should be done with your due diligence )

Two person operation.

15 % CAP Rate!
- Minutes to historic downtown, restaurants, shops, Walmart, music hall of fame, museums, golf trail, and much much more!
- Great Good Sam ratings!
- Open year round..... earning potential!
- A nice mix, 50 % monthly guests, short term, and the rest are overnighters.

Amenities:

- Deluxe shower house. All tile.
- Coin Laundry.
- Propane dispensing station.
- Store.
- WIFI , 48 TV channels!

Sites:
- 61 FHU sites. Every site has 30/50 AMP service.
- City water & city sewer!
-Accommodating any size rigs with its extra large and spacious sites!
- Pull-through are 80+ feet in length and the back-in sites are 30” wide for easy setup!
- 6.7 Acres with approximately 1.5 acres of property for expansion with 20 sewer connections.

For more Information
call
Harold @ 616-443-8233
or
harold@campgroundsnow.com

file number 16928

Amenities

  • Laundromat
  • 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: 61
Size: 7.0 acre(s)

Utility Information

Water: City
Sewer: City

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