RV Park/Campground Details
- Purchase Method: Seller Financing
- Listing ID: 1717021
- Posted On: Jul 19, 2022
- Updated On: Oct 23, 2022
Description
Aquia Pines Camp Resort, established in 1974, is one of the closest RV parks to the nation’s capital, only 25 miles from the Washington Beltway (495). Owner will consider seller financing with $4 million down payment. There are numerous value-add opportunities for a new owner:
* Convert part of the park to pads for larger 5th wheels. The owner estimates this alone could generate up to 60% additional rental income, as he gets frequent requests but has to turn them away.
* Maximize existing rental assets, including a vacant mobile home, three luxury cabins and two rustic cabins currently not being rented.
* Establish an online reservations system
* Update website/increase social media presence
Location
Unique location with direct exposure on I-95 on one side and on Rte. 1 on the other.
Amenities
- Laundromat
- Pool
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 125 |
Year Built: | 1974 |
Size: | 18.4 acre(s) |
Financial Information
Gross Income: | $1,000,000 |
Net Operating Income: | $550,000 |
Utility Information
Water: | City |
Sewer: | City |