Lots 1-13
RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 16.0%
- Listing ID: 4189306
- Posted On: Dec 20, 2023
- Updated On: Apr 20, 2024
Description
25 spots ready to go. Opened less than 9 months ago with full time tenants filling up. Currently 25 units in park. 12 park owned units included in sales price. Lot Rent is $325-$425 a month. Rent on park owned homes ranges from $650-$750
Call Tim 903-262-6169 for more info.
Owner will finance 10% only. Don't ask for more.
11 Additional spots can be added on current septic system!!
Room to expand for additional spots. New septic and 4 water meters currently installed.
Current Rent Roll is $10,686.85 a month. Bills are less than $2,000 monthly.
Location
8858 W Goforth Road Kilgore TX
Amenities
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 25 |
| Year Built: | 2023 |
| Average RV Lot Rent: | $562 |
| Size: | 6.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $156,756 |
| Operating Expense: | $44,868 |
| Net Operating Income: | $111,876 |
| Expense Ratio: | 28.6 % |
| Debt Info: | 1st lien |
Utility Information
| Water: | City |
| Sewer: | Septic |
