RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 8.1% (Pro Forma)
- Listing ID: 3626693
- Posted On: Aug 31, 2023
- Updated On: Oct 23, 2023
Description
Beautiful wooded RV Park, 23 spots total, 17 full hookup, 5 with water and power, 6 cabins, 1 double wide. The park model will be excluded from the sale. This park is very conveniently located just south of the town of picturesque Cle Elum and minutes away from Suncadia Resort. This is a great financial opportunity with excellent growth potential. The capitalization rate is excellent but could be improved. The park has a bathroom and laundry facility along with a large 2,350 sq ft shop to house the grounds maintenance and snow removal vehicles. This is a great investment opportunity. Owner finance terms will be considered.
Location
Beautiful treed fully fenced RV Park right on the main highway (SR 970) to Wenatchee.
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 23 |
Year Built: | 1994 |
Average RV Lot Rent: | $650 |
Size: | 1.5 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $120,000 |
Operating Expense: | $21,797 |
Net Operating Income: | $98,203 |
Expense Ratio: | 18.2 % |
Debt Info: | None |
Utility Information
Water: | Well |
Sewer: | Septic |