RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.5%
  • Listing ID: 1590054
  • Posted On: Jan 23, 2022
  • Updated On: Jun 10, 2022

Description

Promising Campground opportunity awaits you!    This gem has all the bells and whistles you need for a highly successful park - close to major cities and still a true destination park!    You have to see this turnkey campground to appreciate it.   There are so many things for kids of all ages to do including several amazing rides and there is even a bar/restaurant on property that is close to all the action - so the adults can enjoy a little fun too!   So much has been added and improved in the past 5 years.   This property grosses over $1 Million in sales and has an NOI of over $450,000!!   Even at this price after Mortgage this park produces $225,000 of true cash flow!   A real money maker for sure!

Call John at 507-450-5626 to sign a Confidentiality Agreement to get all the inside scoop on this place.    You won't regret it!

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 183
Year Built: 1970
Average RV Lot Rent: $2,250
Size: 40.0 acre(s)

Financial Information (Actual)

Gross Income: $1,026,000
Operating Expense: $451,000
Net Operating Income: $575,000
Expense Ratio: 44.0 %

Utility Information

Water: Well
Sewer: Septic

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