RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.0%
  • Listing ID: 1894328
  • Posted On: Sep 26, 2022
  • Updated On: Jan 18, 2023

Description

Amazing business opportunity on gorgeous, unique property! This impeccably maintained, gated community is home to a beautiful RV Resort with 89 campsites. Property also has a storage center with 7 buildings consisting of 60 storage units with electricity, concrete floors or gravel floors. Improved gravel parking lot and outside storage as well! Guests get to enjoy numerous amenities including the pool, secured storage, laundry/bath house, pavilion, covered bridge, etc. More items included are the Mill Springs brand, home/office, office supplies, signage, security gates/cameras, ice machine/freezer, fish cleaning station, barn, log cabin, maintenance equipment and so much more. This is the perfect property to run your business out of your own home on site! Home is approximately 3,000 sq ft and office space is in the home.

Location

Property is right off HWY 7 in Clinton just south of Langsford Rd. Property sign on property with Mill Springs name.

Amenities

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

Park Information

Number of RV Lots: 91
Year Built: 2008
Size: 34.0 acre(s)

Financial Information (Actual)

Gross Income: $180,980
Operating Expense: $36,196
Net Operating Income: $150,817
Expense Ratio: 20.0 %

Utility Information

Water: Well
Sewer: Treatment Plant

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