Contact Information
David McQuary
License: Florida Real Estate Broker
RV Park/Campground Details
- Price: $1,500,000
- Purchase Method: Cash
- Cap Rate: 14.5%
- Listing ID: 4272566
- Posted On: Jan 13, 2024
- Updated On: May 15, 2024
Description
Will be a CASH COW!!! Great Deal you won't want to miss!!!
16.75 acre tract with 2) 6000 sq ft Pole Barns for covering boats and RVs. A 2100 sq ft building that has 3 bedrooms and 2 bathrooms can be used as owners quarters, office, and a community building for gatherings.
6 foot galvenized heavy duty fence surrounds the 2 pole barns. The fence has an electric gate and Pin #'s are required to enter the property. Security cameras, lighting and 2 strands of barb wire on the top. Electric, City water, and City sewer available. There is a projection attached to this property. This location should get all the boaters headed north as a customer. The wear and tear on a trailer, truck, or a RV makes this location valuable to boaters and RV owners.
This property is 16.75 acres and we have used only 2 acres on this development..
The conceptual plan shows 10 pole barns and room for 100s of open air parking. This property has so much more opportunity. About 20% of property has been developed. We have approximately 120 lots available and we have only used 20% of the 16.75 acres. Still 14.75 acres to do whatever you desire, subject to counties approval.
Location
South of Tallahassee, just 5 miles from Gulf of Mexico.
Amenities
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
Number of RV Lots: | 120 |
Year Built: | 2024 |
Average RV Lot Rent: | $200 |
Size: | 11.8 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $173,000 |
Operating Expense: | $42,500 |
Net Operating Income: | $130,500 |
Expense Ratio: | 24.6 % |
Debt Info: | $450k |
Utility Information
Water: | City |
Sewer: | City |
Download Documents
- Floyd Gray Projections 2.pdf
- Canopy Oaks Recorded Plat.pdf
- Floyd Gray appraisal.pdf
- Floyd Gray Conceptual Plan.pdf
- Floyd Gray Rv Park.pdf