RV Park/Campground Details

  • Purchase Method: New Loan
  • Cap Rate: 14.0%
  • Listing ID: 1600221
  • Posted On: Feb 8, 2022
  • Updated On: Jun 5, 2023

Description

117 site RV park located on 26 acres surrounding a 7 acre pond located 30 minutes from Providence, with 11 million in population within a 100 mile radius. The Park has 93 full hookup sites, 14 water & electric sites and 10 primitive sites. Guests enjoy a fishing pond, horseshoes, laundry facilities, picnic area, playground, swimming pool and an open air pavilion.

Location

28 miles southwest of Providence

Amenities

  • Laundromat
  • Pool
  • Bathhouse
  • Wifi
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Park Information

Number of RV Lots: 117
Year Built: 1975
Average RV Lot Rent: $65
Size: 26.0 acre(s)

Financial Information (Actual)

Gross Income: $382,918
Operating Expense: $177,504
Net Operating Income: $205,414
Expense Ratio: 46.4 %
Debt Info: No debt

Utility Information

Water: Well
Sewer: Septic

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