RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 10.0%
- Listing ID: 1712408
- Posted On: Jul 14, 2022
- Updated On: May 3, 2024
Description
This property is nestled into almost 40 acres with almost 100 overnight sites and soon to have about more than 100 seasonal sites. This property is well maintained and comes with everything you need to run a park. Also includes a very successful bar and restaurant with room to accommodate larger gatherings such as weddings! Room to expand to around 100 more sites!
Amenities
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 210 |
| Year Built: | 1970 |
| Average RV Lot Rent: | $2,400 |
| Size: | 40.0 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $1,420,000 |
| Operating Expense: | $965,000 |
| Net Operating Income: | $455,000 |
| Expense Ratio: | 68.0 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
