RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 12.7%
- Listing ID: 3489339
- Posted On: Aug 7, 2023
- Updated On: Sep 1, 2023
Description
RV Park near Fort Park. Has 7 slots with 6 taken up with long term tenants. Also single wide 3 bed 2 bath home. Lot size is 2.27 acres with lots of potential to grow. Strategically spaced between two lakes. Also has bait shop that is currently being run by owners. 3 RV's will be included with the park. Small assignment fee at closing. Please contact me for details.
I have equitable interest in a contract for an RV park with upside potential available for assignment.
Location
Hwy 14 between Mexia and Grosebeck
Amenities
- Storage
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 7 |
Year Built: | 0 |
Average RV Lot Rent: | $516 |
Size: | 2.3 acre(s) |
Financial Information (Actual)
Gross Income: | $37,200 |
Operating Expense: | $9,423 |
Net Operating Income: | $27,777 |
Expense Ratio: | 25.3 % |
Utility Information
Water: | Well |
Sewer: | Septic |