RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 1313118
- Posted On: Aug 25, 2020
- Updated On: Nov 29, 2020
Description
54 rv lots and 9 cottage rentals. Newly built Farmhouse 4,200 sq ft with indoor pool and hot tub, game room, exercise room and 3 stall with a shower mens and womens restroom. 2,300 sq ft owners living quarters on 2nd floor. Park is located on 8 acres off a 5 lane hwy. Full time Park manager, maintenance person and cleaning staff.
Location
located just 10 minutes from downtown New Bern which is a historical town and first capital of North Carolina
Amenities
- Laundromat
- Pool
- Club House
- Manager Office
- Bathhouse
- Wifi
- Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 54 |
| Year Built: | 2000 |
| Average RV Lot Rent: | $550 |
| Size: | 8.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $380,000 |
| Operating Expense: | $160,000 |
| Net Operating Income: | $200,000 |
| Expense Ratio: | 42.1 % |
Utility Information
| Water: | City |
| Sewer: | Septic |