Contact Information

RV Park/Campground Details

  • Price: $999,995
  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 5.4%
  • Listing ID: 5644644
  • Posted On: May 13, 2024
  • Updated On: May 24, 2024

Description

(Purchase this property today and instantly make $108,000 net profit per year ! Current tenants are paying $9,000 a month to lease homes on property. Owner financing or lease to own options available. Low down payment and low monthly payments. We can continue to manage the entire property for a small fee or we will train new owners. Call or text us at (918) 507-2906 for more information.)

We are putting up for sale 20 acres with an RV park that includes 15 RV stalls, 7 like new 2021 RV homes ($60,000 each if purchased new), and a like new 2 bedroom 2 bathroom home. All homes together have 16 bedrooms and 9 bathrooms with a total living area of 4,000 square feet. All 7 RV homes are currently being leased for $915 a month each (Tenants have been living inside each RV for over 2 years) and the 2 bedroom 2 bathroom home is on a 30 year lease to own contract. One of the RV stalls is rented out for $500 a month. 6 RV stalls remain open for more potential income. The tenant is paying $2,000 a month on the 2 bedroom 2 bath home on 1/2 acre with an RV stall as part of the 30 year lease to own contract (This contract is worth $720,000 after 30 years: $2,000 x 12 months x 30 years = $720,000). This is a once in a lifetime business investment. The total yearly income from this property is about $108,000 after expenses. Lease to own or owner financing is available.

Lease to Own Terms:

Low down payment
Low monthly payments
15, 20, 25 or 30 years

Current net income (after all expenses): $108,000 per year

Sitting on 20 acres, there is plenty of acreage left to expand the RV park or build a home. Property has high speed fiber optic internet installed on all the RV stalls and the home. Property has city/rural water. 3 aerobic septic systems and 1 anaerobic system is on the property. All septic systems are less than 2 years old. This land is centrally located. It is just 10 minutes from the Illinois River to enjoy fishing, camping, or rafting. It is also only 30 minutes from Lake Tenkiller. Tahlequah is 20 minutes west and Siloam Springs is 30 minutes north. Salisaw is 30 minutes south. Downtown Stilwell is only a few minutes east on Hwy 51. School bus picks up at entrance to property on Hwy 51.

Location

From Stilwell, OK, take Hwy 51 west to Tahlequah. Property will be on right side after you pass South 4660 Rd. From Tahlequah, OK, take Hwy 51 east and property will be on left side after you pass the Circle H gas station.

Amenities

  • Storage
  • Manager Office
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 15
Year Built: 2021
Average RV Lot Rent: $915
Size: 20.0 acre(s)

Financial Information (Actual)

Gross Income: $114,000
Operating Expense: $6,000
Net Operating Income: $108,000
Expense Ratio: 5.3 %
Debt Info: No debt

Utility Information

Water: City
Sewer: Septic

Video

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