Contact Information

RV Park/Campground Details

  • Price: $2,900,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 10.0%
  • Listing ID: 3043564
  • Posted On: May 31, 2023
  • Updated On: Dec 18, 2024

Description

*** PRICE REDUCED ***
Wait until you see this gem! Ready for the next owner to to take it to the next level! Property is 18 Acres +/- and recently upgraded from 55 sites to 90 sites. Very good rental experience! This property has been upgraded so you don’t have to! While the owners home is a work in progress there is a benefit to having a space on site. The current owners enjoy wildlife as do the guests – and they are plentiful! The have more than 100 fruit trees on property attracting Deer, rabbits and other playful wildlife to the park. This property is also served by AccessParks so fiber WiFi is available throughout the park!

This park is nearly packed July, August, and September – Owners currently contract with RV Caravan companies for Great River Road tours – as they are the best full hook up park near the start of the Mississippi River! You will love this place!

This property cash flows nicely at a 10% Cap Rate analysis. Financial and pro forma info available with signed NDA.

Amenities

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

Park Information

Number of RV Lots: 90
Average RV Lot Rent: $4,950
Size: 18.0 acre(s)

Financial Information (Pro Forma)

Gross Income: $408,000
Operating Expense: $86,500
Net Operating Income: $321,500
Expense Ratio: 21.2 %

Utility Information

Water: Well
Sewer: Septic

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