RV Park/Campground Details
- Purchase Method: Cash, Seller Financing
- Listing ID: 107795
- Posted On: Nov 8, 2011
- Updated On: Jun 21, 2012
Description
Own a Historic one of a kind RV park in an SEC town Starkville MS
Indian Mound Campground 5m from Starkville/MSU
Property Description: This highly visible unique property is adjacent to the Herman Mounds and Village site, a National Historic Registered Site. 12 acres of shady (oaks) freeway frontage with 37 RV spaces, (4 w/o sewer & 33 with full hookups), 30/50/20 amp service, all have WIFI, 12 pull throughs, 8 metered, four (4) apartments (2700sq ft total w/ 450 sq ft tornado/hurricane resistant), (2) cabins available. Adjacent 20 acres available for purchase. Park was built in 2007 and has a good client base established. All utilities available at site. RV resort is on a rural associate water and has maintenance free sewer treatment system on site and all electric is underground. All sewer systems are permitted by the MS health department. There will be the option of metered public sewer access in the coming months.
RV campground is improved with a freeway frontage sign, store/office area, private restrooms and showers, laundry room, fishing pond, nature trail, spring fed creek on property, vending and drink machines, bbq grills, picnic tables, rock fire rings and white limestone rock throughout park highlighted by railroad ties.
Location description: Located on Hwy 82 frontage two miles east from Hwy 45 Alt. Tupelo is 60 miles North, Tuscaloosa is 90 miles East, Memphis is 186 miles North and Jackson is 127 miles south. Mississippi State University and Starkville are 5 miles to the west (one stop sign and 1 stop light), Mississippi University for Women and Columbus is 17 miles to the East. Golden triangle airport and surrounding industry is 11 miles to East. Tombigbee river, Tibbee creek, Bluff Lake, Oktibbeha county lake, Columbus lake are all within 15 miles. There are 8 golf courses within 30 minutes and Philadelphia casinos are 1 hour.
Park is over 90% occupied and has been at >95% occupancy since inception in 2007.
Gross income over 100k with over 60k in profit.
Included with the price is the intellectual property that allowed this business to thrive and continue to grow.
Selling property for $395k -$595K depending on what adjacent property and apartment units you want.
The owners have done the hard part of finding and procuring the property in an excellent location in which nearly everyone who leaves and enters Starkville drives by and see’s the RV park and sign. There is a large influx of workers coming to the area to work on several specific high value projects that are in their early stages and many long term workers have already started coming. The university always supplies a steady clientele of students and faculty and for home football games we are booked out months in advance. Baseball season books well also. Sturgis bike rally, Cotton distric arts festival, Prarie Arts Festival, and Market street festival, book up completely usually too. There is an undeveloped industrial megasite 1.5 mile from the property and sewer lines are being extended in the next 11-13 months according to the president of the association.The primary owner got into medical school and needs to wrap up all my projects. There are already plans laid out to install 120 additional sites and a 10 acre lake on the 20 acres adjacent to the current development on a 12 acre parcel.
This is a quick return on the investment and could be a dream come true as far as a lifestyle is concerned. This RV park is close to town/university and on freeway frontage, but is in the country adjacent to protected Indian mound land with old growth oak trees providing shade. The ½ mile nature trail goes to the spring fed creek where the deer migrate through. Lots of arrowheads found and on display. It’s a sweet setup. I don’t really want to sell it but I have two small kids and I need to have all my time for medical school and the Indian Mound Campground needs someone that can continue to grow it to maximize its potential.
While we are willing to consider owner financing a portion of the property (less than 20% of total price) we strongly prefer to obtain the funds up front.
www.indianmoundcampground.com
Call 662-312-0387 and ask for Brian if interested
Location
Location description: Located on Hwy 82 frontage two miles east from Hwy 45 Alt. Mississippi State University, East Mississippi Community college and Starkville are 5 miles. (one stop sign and 1 stop light), Mississippi University for Women and Columbus is 17 miles to the East. Golden triangle airport and surrounding industry is 11 miles to East. Tombigbee river, Tibbee creek, Bluff Lake, Oktibbeha county lake, Columbus lake are all within 15 miles. There are 8 golf courses within 30 minutes and Philadelphia casinos are 1 hour. Tupelo is 60 miles North, Tuscaloosa is 90 miles East, Memphis is 186 miles North and Jackson is 127 miles south.
Amenities
- Wifi
- Manager Office
- Laundromat
- Bathhouse
Park Information
Number of RV Lots: | 37 |
Year Built: | 2007 |
Average RV Lot Rent: | $300 |
Size: | 12.0 acre(s) |
Financial Information
Gross Income: | $76,000 |
Operating Expense: | $32,000 |
Net Operating Income: | $44,000 |
Expense Ratio: | 42.1 % |
Debt Info: | none |
Utility Information
Water: | City |
Sewer: | Treatment Plant |