RV Park/Campground Details
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 7.5% (Actual)
- Listing ID: 389539
- Posted On: Jul 27, 2013
- Updated On: Feb 15, 2018
Description
Creekfront and Oceanfront RV Park (102 full hookup RV spaces and 14 tent sites) with proven success. 1600 SF office and retail space, 3500 SF clubhouse with kitchen, Separate bathhouse with laundry facility, rental cottages and more! Sellers have taken exceptional care of the park and have developed it into a premier property. Turnkey opportunity for a prospective buyer. Some cottage may be included with acceptable offer.
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
- Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 102 |
Year Built: | 1995 |
Average RV Lot Rent: | $49 |
Size: | 17.5 acre(s) |
Financial Information (Actual)
Gross Income: | $880,896 |
Operating Expense: | $486,693 |
Net Operating Income: | $394,203 |
Expense Ratio: | 55.2 % |
Debt Info: | Assumable 2.55M @5.25% |
Utility Information
Water: | City |
Sewer: | City |