RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.2%
- Listing ID: 1950630
- Posted On: Dec 9, 2022
- Updated On: Aug 3, 2023
Description
REDUCED PRICE! Great opportunity to own an RV Park with room to expand. Currently has 57 Spaces with hookups and 8 cabins for 65 total units. 2,048 sq. ft. community center that houses an office, a full kitchen, a Bathroom with a shower, and a laundromat. There is a storage bldg that could be turned into showers. There are also 30 small 6x8 storage units. Ample space is available to add RV Spaces, Tiny Homes, or cabins. The property is landscaped and has curbs, crushed granite roads, and scattered Oak trees. Currently has good cash flow but can be even better with some creativity and additions. If you're looking for a good investment, come check it out. Video Tour http://www.visualtour.com/shownp.asp?t=4768021
Location
From Hwy 84 on the south end of Goldthwaith, turn on Hwy 15 (same as Fourth St), Right on Fisher to the property on the right. From Hwy 183 on the north end of town turn on Hwy 183 (same as Fisher St ), and follow to the property on the left.
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
Park Information
| Number of RV Lots: | 57 |
| Year Built: | 2005 |
| Average RV Lot Rent: | $500 |
| Size: | 8.4 acre(s) |
Financial Information (Pro Forma)
| Gross Income: | $141,000 |
| Operating Expense: | $43,000 |
| Net Operating Income: | $97,800 |
| Expense Ratio: | 30.5 % |
Utility Information
| Water: | City |
| Sewer: | City |
