RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.0%
  • Listing ID: 1712408
  • Posted On: Jul 14, 2022
  • Updated On: May 3, 2024

Description

This property is nestled into almost 40 acres with almost 100 overnight sites and soon to have about more than 100 seasonal sites. This property is well maintained and comes with everything you need to run a park. Also includes a very successful bar and restaurant with room to accommodate larger gatherings such as weddings! Room to expand to around 100 more sites!

Amenities

  • Club House
  • Storage
  • 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: 210
Year Built: 1970
Average RV Lot Rent: $2,400
Size: 40.0 acre(s)

Financial Information (Pro Forma)

Gross Income: $1,420,000
Operating Expense: $965,000
Net Operating Income: $455,000
Expense Ratio: 68.0 %

Utility Information

Water: Well
Sewer: Septic

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