RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 7.7%
- Listing ID: 3349502
- Posted On: Jul 11, 2023
- Updated On: Sep 29, 2023
Description
• 3 acres of expansion room - 36 proposed lots
• 0.8 miles from boat ramp on Lavon Lake
• 79/100 gated lots
• City water / septic
Amenities
- Laundromat
- Club House
- Boat Access
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 100 |
| Average RV Lot Rent: | $700 |
| Size: | 15.8 acre(s) |
Financial Information (Actual)
| Gross Income: | $881,778 |
| Operating Expense: | $193,071 |
| Net Operating Income: | $688,707 |
| Expense Ratio: | 21.9 % |
Utility Information
| Water: | City |
| Sewer: | Septic |