Return on Investment of over 15%. The park includes 37 lots, 35 of the 37 RV units belong to owner and are part of the sale. 95% of the lots are rented year round, typically to retired and low-income workers who use it for permanent residence. Very stable park. It is well-maintained and peaceful.

Asking Price: $965,000
Cash Flow: $163,603
Gross Revenue: $260,560
Established: 1978

Business Description:

95% of the lots are rented year round. The other 5% corresponds to the units that are refurbished each year between renters. Once updated, they rent very quickly, considering the limited number of options available in this range of price, the population of this park is very stable. The Park is well-maintained and peaceful.

Detailed Information:
Price includes land of approximately 2 acres, 35 RV units, all infrastructures, service building and all equipment needed to manage the park.

Competition:Because of the demographics being served and the longevity of renters, there are few RV Parks that compare to this one.

Growth & Expansion:The potential for growth is limited considering there is no room for more lots. However rent is due to be increased by 5%. The income is very stable and reliable. More than 50% higher ROI compared to most Real Estate investments. Additional services may be offered to increase income.

Financing: $700k down $265k over 60 mos. @ 5%.

Support & Training:Will train for 2 weeks @ $0 cost. This park is considered a RV park even though it has long-time renters. The staff includes a handyman and a part-time person who helps collecting the rent. The owner oversees the park, the maintenance, and financials.

Reason for Selling: Retirement.