RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 7.0%
- Listing ID: 1286642
- Posted On: Jul 11, 2020
- Updated On: Jul 11, 2020
Description
4 homes on 2.1 acres in beautiful Pipe Creek.
Unit 1- 3 bedroom 2 bath. Unit 2- Fifth wheel,
Unit 3 -26 foot RV.
Unit 4 is a 3 bedroom 2 bath home.
All four rented, great long term tenants
Plenty of room for many more RVs.
Land is flat and square. Beautiful views of the hills. Great location as it is close to Boerne and Bandera. Hate to sell as made so many improvements in 2019. But must retire
Interested in purchasing this RV park? Get pre-qualified for a loan.
Financial Information (Actual)
| Gross Income: | $35,402 |
| Operating Expense: | $2,148 |
| Net Operating Income: | $33,545 |
| Expense Ratio: | 6.1 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |