RV Park/Campground Details
- Purchase Method: Assumable Loan
- Cap Rate: 5.0%
- Listing ID: 1379929
- Posted On: Jan 15, 2021
- Updated On: Jul 14, 2021
Description
Beautiful 220 plus space Senior 55 Park Model and RV Park on city water and sewer
Sellers are licensed Arizona and Utah Real Estate Brokers.
Location
Great location close to everything
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 224 |
| Year Built: | 1985 |
| Size: | 10.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $564,827 |
| Operating Expense: | $303,473 |
| Net Operating Income: | $261,354 |
| Expense Ratio: | 53.7 % |
| Debt Info: | $3,300,000 @ 5% amort over 30 years all due 8 years |
Utility Information
| Water: | City |
| Sewer: | City |