RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.8%
- Listing ID: 1313104
- Posted On: Aug 25, 2020
- Updated On: Mar 24, 2021
Description
Located 1.7 miles from Downtown Blanco and on
the banks of the ever-flowing Blanco River, this RV
park and Cabin Retreat is just far enough outside
town to feel like you’re getting away, but close
enough it can be a base camp for long term stays.
The 9.73 AC property, with freshly redone
driveways, is comprised of cabins, tiny homes, RV
sites, an office/cafe, and one single family home.
Common shower and restroom facilities use
municipal water and were recently updated.
Water is supplied by the City of Blanco, the
opportunity to bill back RV residents and Tiny
Home renters for pro-rata water usage would off
set utility costs. Currently the RV sites are billed
individually for their electricity.
Location
Located 1.7 miles from Downtown Blanco and on
the banks of the ever-flowing Blanco River, this RV
park and Cabin Retreat is just far enough outside
town to feel like you’re getting away, but close
enough it can be a base camp for long term stays.
Amenities
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 20 |
Year Built: | 2005 |
Average RV Lot Rent: | $450 |
Size: | 9.7 acre(s) |
Financial Information (Actual)
Gross Income: | $230,878 |
Operating Expense: | $91,780 |
Net Operating Income: | $140,000 |
Expense Ratio: | 39.8 % |
Utility Information
Water: | City |
Sewer: | Septic |