RV Park/Campground Details
- Purchase Method: New Loan
- Listing ID: 1050241
- Posted On: Apr 6, 2019
- Updated On: Dec 31, 2020
Description
Serious Sellers reduce price by $250K.
Park is now priced at a 10 cap rate to attract serious Buyers!
Opportunity to purchase a mature growing RV park in an excellent location
for a price of only +/- $17K on a per site basis. Current estimates for building parks with similar amenities is $25K to $35K per site minimum. This park comes with a solid base of business and cash flows immediately.
2018 gross income +/- $775K, with NOI of $361K. Income history shows steady growth.
2019 gross estimated at +/- $785K.
Approx. 80 acres with room to expand includes a 35 acre lake with Water Slide, Swimming Beach and 40' boat dock. Approx. 211 sites which includes 7 rentals with plenty of demand for more. This is a full facility park with main building, store, bathhouse, laundry, game room, pavilion and also comes with LARGE, new maintenance barn and workshop. There are 2 mobile homes available for owners, partners, extra family members or manager's quarters.
PLUS, the park is on city water and sewer!
Sales Price REDUCED to $3,650,000 with $975,000 downpayment
(price was $3,900,000)
A CONFIDENTIAL AGREEMENT MUST BE COMPLETED PLEASE CLICK ON LINK http://www.campgroundsforsale.com/InfoRequestForm/Form-InfoRequestForm3.htm
Contact Darrell Hess & Associates
www.campgroundsforsale.com
hess@campgroundsforsale.com
Amenities
- Laundromat
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 211 |
Financial Information
Gross Income: | $775 |
Utility Information
Water: | City |
Sewer: | City |