RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 6.0%
- Listing ID: 1538400
- Posted On: Oct 18, 2021
- Updated On: Aug 21, 2022
Description
The newly opened RV Park is located in Conroe Texas, one of the fastest growing cities in America according to US Census Bureau. Lost Lake RV park has 90 full hook up sites, laundromat, 5 acre stocked fishing pond, game room, super fast Wi-Fi Wi-Fi and 5.7 acres for additional expansion.
Location
Lost Lake RV Park is located in Montgomery county Texas. This area is rapidly growing and is one of the fastest growing counties in the state.
Amenities
- Laundromat
- Club House
- Manager Office
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 90 |
| Year Built: | 2021 |
| Average RV Lot Rent: | $500 |
| Size: | 30.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $360,000 |
| Operating Expense: | $120,000 |
| Net Operating Income: | $240,000 |
| Expense Ratio: | 33.3 % |
Utility Information
| Water: | City |
| Sewer: | Septic |
