RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.3%
- Listing ID: 3473450
- Posted On: Aug 2, 2023
- Updated On: Dec 27, 2023
Description
Situated on the North Bank of Garrison Lake own your own piece of Paradise. This Twelve unit park has 10 full service RV sites and two updated Park owned PM Homes in place. Office building includes a Tool room and Community Shower/bathroom. Quiet and peaceful with views of the Lake and Humbug Mountain, and only a short walk to the Ocean and Beaches. Long term tenants and low maintenance makes this the Perfect Profitable Income Producing Property as a Smart Investment Opportunity. Seller is a licensed Realtor in the State of Oregon.
Location
Located in Oregon's Oldest Townsite on the Wild Rivers Coast
Amenities
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 12 |
| Average RV Lot Rent: | $596 |
| Size: | 2.8 acre(s) |
Financial Information (Actual)
| Gross Income: | $68,827 |
| Operating Expense: | $17,822 |
| Net Operating Income: | $51,004 |
| Expense Ratio: | 25.9 % |
Utility Information
| Water: | City |
| Sewer: | Septic |