377-BoatDock
377-BoatDock
377-cabins
377-cabins
377-slide
377-slide
377-BoatDock
377-cabins
377-slide

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
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 211

Financial Information

Gross Income: $775

Utility Information

Water: City
Sewer: City

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