RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 6.2%
- Listing ID: 1578615
- Posted On: Dec 27, 2021
- Updated On: Mar 28, 2022
Description
Robbins Nest RV Park is a newly constructed 11 space RV Park located in the City of Longview, Washington. Construction was complete in.
This well-located neighborhood park caters to long term tenants for which there is a huge market demand. Robbins Nest is situated on a little over one third acre and has complete shopping and services within walking distance. There are well kept single family home across the street and several parks in the immediate vicinity.
Location
Longview is ideally situated along the I-5 corridor between Seattle, Washington, and Portland, Oregon, offering residents a rural lifestyle with year-round opportunities for recreation. It is the largest city in Cowlitz County with a population of approximately 37,000. Only an hour to the coast and 45 minutes to Portland, Longview is know for its convenient location in the beautiful pacific northwest.
Longview is home to many prominent companies such as Weyerhaeuser, WestRock, J.H. Kelly, Nippon Dynawave Packaging, NORPAC and more. The Port of Longview has eight marine terminals bustling with activity with a wide range of cargo and raw goods.
Park Information
| Number of RV Lots: | 11 |
| Year Built: | 2021 |
| Average RV Lot Rent: | $700 |
Financial Information (Pro Forma)
| Gross Income: | $90,100 |
| Operating Expense: | $25,100 |
| Net Operating Income: | $65,000 |
| Expense Ratio: | 27.9 % |
Utility Information
| Water: | City |
| Sewer: | City |
