RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 23.0%
- Listing ID: 391828
- Posted On: Aug 6, 2013
- Updated On: Nov 18, 2013
Description
• Location is in Columbus, ND (about 30 minutes north of Tioga, ND), just off Hwy 5 which is one of the main traveled arteries of the Bakken Shale
• Moratoriums to limit the existence of RV parks are in place by most cities in the Bakken Shale Region due to infrastructure limits with sewer and water, thus making it near impossible to get an RV spot
• We are the last RV park approved by the city of Columbus to have approval to use coveted city water and sewer services
• 20 Large RV Spots with full hookups, wifi, professionally engineered and had our grand opening June 1, 2013 and were sold out on that day
• Brand New and Professionally Engineered
• Fee Simple
CALL Hal for more details at 480-650-5201 or email at halfeinberg@yahoo.com
Amenities
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 20 |
| Year Built: | 2013 |
| Average RV Lot Rent: | $650 |
| Size: | 1.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $13,000 |
| Operating Expense: | $3,226 |
| Net Operating Income: | $9,924 |
| Expense Ratio: | 24.8 % |
| Debt Info: | None |
Utility Information
| Water: | City |
| Sewer: | City |