RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.1%
- Listing ID: 1494711
- Posted On: Aug 11, 2021
- Updated On: Nov 10, 2021
Description
Hello 1031ers! Nice little park in a country town on the west coast of Florida. There are a total of 55 lots thirty and fifty amp lots with city water and sewer. All full hook ups. Total of six acres with an extra three acres to put another 30 lots. Large storage area. Park is a little gem in a nice clean quiet town. It is 20 miles to cedar key and less than one hour to Gainesville. Manatee Springs Mega Spring is a state park that has a fresh water spring three miles from park pumps out 80 million gallons of fresh water a day. Don't let this one get away. Lot rents have a lot of upside.
Location
North or south bound on Hwy 19 to park in Chiefland. Park is in city limits.
Amenities
- Laundromat
- Storage
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 55 |
| Average RV Lot Rent: | $300 |
| Size: | 6.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $150,000 |
| Operating Expense: | $42,500 |
| Net Operating Income: | $107,500 |
| Expense Ratio: | 28.3 % |
Utility Information
| Water: | City |
| Sewer: | City |