Photo of RV Park/Campground
RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 1138019
- Posted On: Sep 25, 2019
- Updated On: Dec 20, 2019
Description
7 Vacation Rental Cabins (4 owned) and Vacation Community Management with growth opportunities. Located at 3,000 feet on the Blue Ridge Parkway. Hiking, waterfalls, and cool summers. Priced to sell at a 10 Cap rate.
Residence and shop available as separate sale. Call Mark for more information.
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 7 |
| Year Built: | 2005 |
| Average RV Lot Rent: | $19,500 |
| Size: | 7.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $159,000 |
| Operating Expense: | $90,000 |
| Net Operating Income: | $69,000 |
| Expense Ratio: | 56.6 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
