RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 11.0%
- Listing ID: 1149272
- Posted On: Oct 26, 2019
- Updated On: Nov 12, 2020
Description
This property is priced right and has tons of land to develop many more sites!! Currently using about 35 acres of the 78 +/- available. Newer pool and three cabins that are rented all the time and more needed! Comes with an owners home and tons of storage and all the necessary equipment to run this gem of a campground! Deer Trail has a great mix of about 90 Seasonal sites and 90 overnight sites. Located on Ross Lake which provides some great views and excellent fishing! All the sites are spacious and accommodating! This is a must see!
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
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Park Information
Number of RV Lots: | 180 |
Year Built: | 1960 |
Average RV Lot Rent: | $2,100 |
Size: | 78.0 acre(s) |
Financial Information (Actual)
Gross Income: | $285,400 |
Operating Expense: | $145,810 |
Net Operating Income: | $139,548 |
Expense Ratio: | 51.1 % |
Utility Information
Water: | Well |
Sewer: | Septic |