RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.8%
- Listing ID: 1477829
- Posted On: Jul 15, 2021
- Updated On: Dec 21, 2021
Description
This lovely little rv park is being offered at a great value. Income information presented on listing is for 2020. The park was 100% full from 2016-mid 2020, grossing $12,750/month. Expenses & maintenance costs are very low on this property and it can be managed remotely (and has been successfully to date).
Features:
-Park meticulously built by owner in 2015/2016
-WIFI Enabled
-Full Hook Ups at every site (30/50AMP, sewer, water)
-Each site is individually metered (electric only)
-Each site has concrete pad w/ room for camper & truck
-Add 5 sites without need to expand septic/well (per owner, buyer to verify)
-Outlook for work in local industry is very positive and optimistic for foreseeable future
Call or email me today to discuss this excellent investment opportunity in more detail. Thank you for viewing.
Location
Within minutes to Surfside Beach and the Dow Industrial Complex.
Amenities
- Wifi
Park Information
Number of RV Lots: | 30 |
Year Built: | 2015 |
Average RV Lot Rent: | $425 |
Size: | 6.0 acre(s) |
Financial Information (Actual)
Gross Income: | $86,000 |
Operating Expense: | $24,120 |
Net Operating Income: | $61,880 |
Expense Ratio: | 28.0 % |
Utility Information
Water: | Well |
Sewer: | Septic |