RV Park/Campground Details

  • Purchase Method: Seller Financing
  • Cap Rate: 10.0%
  • Listing ID: 418770
  • Posted On: Dec 19, 2013
  • Updated On: Dec 20, 2013

Description

This park has great rental history @ appx. 90% since open in 2011. Owners home is across street from park and was updated in 2011. Separate office was built in 2011 with 1/2 bath next to owners home. River Haven RV Resort consists of 31 sites (6 concrete pull thru's, 26 concrete back in's and 3 grass sites), laundry room with new washer/dryers. Park has room for expansion of 9 more sites with site plans. Owners are retiring and will look at all offers. Owner is a licensed Texas Real Estate agent. Possible partial owner financing.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Wifi
  • Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 30
Year Built: 1965
Average RV Lot Rent: $500
Size: 10.0 acre(s)

Financial Information (Actual)

Gross Income: $100
Operating Expense: $25
Net Operating Income: $75
Expense Ratio: 25.0 %

Utility Information

Water: City
Sewer: City

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