RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 15.1%
- Listing ID: 4257750
- Posted On: Jan 8, 2024
- Updated On: Apr 13, 2024
Description
Seize the opportunity to own a thriving RV park in the the heart of oil country. Whether you're an experienced investor or exploring the world of hospitality, Bonanza RV Park promises a lucrative and fulfilling venture.
12 RV Spaces, Laundry Buildings, water well, Each space offers 30/50/110V Hookups, Aerobics Septic, exterior lighting, Multiple security cameras, each space has its own mail box, Internet, WIFI.
Location
The park is located in the Permian basin, which is the center of the oil industry here in the United States.
Amenities
- Laundromat
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 12 |
| Year Built: | 2012 |
| Average RV Lot Rent: | $450 |
| Size: | 1.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $61,128 |
| Operating Expense: | $12,000 |
| Net Operating Income: | $49,128 |
| Expense Ratio: | 19.6 % |
| Debt Info: | 0 |
Utility Information
| Water: | Well |
| Sewer: | Septic |