RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 13.0%
- Listing ID: 4234434
- Posted On: Jan 2, 2024
- Updated On: Jul 23, 2024
Description
Great business located on Pease Trail right off Loop 250 & I-20 frontage Road intersection. Overnight pull-through site available, 40' x 60' RV service center, 30' x 16" automated convenience store with 7 vending machines-one being an ice vending machine. 14 additional lots plus 3 RV rentals (leased) on 3 of those lots that convey, service equipment and plumbing equipment that convey. Electricity, water, sewer, garbage, laundry facility and WIFI on site. Two water wells that produce plus two large septic tanks on property. Location has on-site management and on public bus route.
Location
Pease Trail is located close to the intersection of Loop 250 and Interstate 20
Amenities
- Laundromat
- Manager Office
- Store
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 14 |
| Year Built: | 2020 |
| Average RV Lot Rent: | $450 |
| Size: | 1.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $8,000 |
| Operating Expense: | $1,720 |
| Net Operating Income: | $5,024 |
| Expense Ratio: | 21.5 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |
