Contact Information
RV Park/Campground Details
- Price: $4,600,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.0%
- Listing ID: 1925682
- Posted On: Nov 3, 2022
- Updated On: Nov 3, 2022
Description
This is a confidential listing that will require a Non-Disclosure, but this is an amazing property including 200 sites on a robust 80 acres.
This property produces a $470,000 NOI with an excellent 10+% cap rate!
This property includes a beautiful pond with inflatables as well as a great restaurant and bar. There is also a venue for weddings and a great store. I will provide a lot more detail to any qualified buyer. I still have great financing options in this changing climate - so give me a call to discuss.
Great internet on site and several sites are 50 amp service.
Amenities
- Club House
- Storage
- Bathhouse
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 200 |
Year Built: | 1970 |
Average RV Lot Rent: | $1,850 |
Size: | 80.0 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $1,530,000 |
Operating Expense: | $1,060,000 |
Net Operating Income: | $470,000 |
Expense Ratio: | 69.3 % |
Utility Information
Water: | Well |
Sewer: | Septic |