Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan
  • Cap Rate: 13.6%
  • Listing ID: 1145010
  • Posted On: Oct 14, 2019
  • Updated On: Dec 24, 2019

Description

Beautiful, well maintained 3 year old established RV park, located across from lake entrance to beautiful Lake Proctor, near golf course, convenience store, and restaurants, but still in the country. Rented to full capacity most of the time. Allows nightly and long term stays. Back in spaces that accommodate large RV's and an extra vehicle. Boat and extra storage rental just down the road. Location, location!!!!! Lot's rent from 350 to 425 per month. 24 to 32 per night. There is room to increase rates slightly and incorporate other income producing rentals. There is property in the area to purchase to make a 2nd park nearby.

Amenities

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

Park Information

Number of RV Lots: 6
Year Built: 2016
Average RV Lot Rent: $396
Size: 0.4 acre(s)

Financial Information (Pro Forma)

Gross Income: $25,947
Operating Expense: $12,460
Net Operating Income: $13,486
Expense Ratio: 48.0 %
Debt Info: 0 owed on park

Utility Information

Water: City
Sewer: City