Contact Information
David McQuary
License: Florida Real Estate Broker
RV Park/Campground Details
- Price: $2,250,000
- Purchase Method: Seller Financing
- Cap Rate: 14.5%
- Listing ID: 4272566
- Posted On: Jan 13, 2024
- Updated On: Aug 21, 2024
Description
JUST MINUTES FROM THE GULF OF MEXICO. CONSTRUCTING A 80X100 WHITE SUGAR SAND BEACH WITH DIVING PLATFORM, SLIDE, FOR FUN FOR THE 100 UNIT RV PARK THAT IS PROJECTED TO GROSS $80k per months and is currently in the approval process with a September 2024 final approval date. WITH THAT AN ADDITIONAL BOAT/RV STORAGE THAT IS PROJECTED TO GROSS MONTHLY $15,000 to $20,000 per MONTH
Will be a CASH COW!!! Great Deal you won't want to miss!!!
14.5 tract with (2) 6000 sq ft Pole Barns for covering boats and RVs. A 2100 sq ft building that has 3 bedrooms and 2 bathrooms can be used as owners quarters, office, and a community building for gatherings.
6 foot galvenized heavy duty fence surrounds the 2 pole barns. The fence has an electric gate and Pin #'s are required to enter the property. Security cameras, lighting and 2 strands of barb wire on the top. Electric, City water, and City sewer available. There is a projection attached to this property. This location should get all the boaters headed north as a customer. The wear and tear on a trailer, truck, or a RV makes this location valuable to boaters and RV owners.
This property is 14.5 acres and we have used only 2 acres on this development for Rv/boat storage.
The conceptual plan shows 10 pole barns and room for 100s of open air parking. This property has so much more opportunity. About 20% of property has been developed. We have approximately 100 lots available and we have only used 20% of the 14.5 acres. There is additional 2 acre (C2 zoning) commercial corner that can purchased to do whatever you desire, subject to counties approval.
Location
South of Tallahassee, just 5 miles from Gulf of Mexico.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
Number of RV Lots: | 100 |
Year Built: | 2024 |
Average RV Lot Rent: | $700 |
Size: | 14.5 acre(s) |
Development Land: | This is land for developing a RV park. |
Financial Information (Pro Forma)
Gross Income: | $1,200,000 |
Operating Expense: | $400,000 |
Net Operating Income: | $800,000 |
Expense Ratio: | 33.3 % |
Debt Info: | $450k |
Utility Information
Water: | City |
Sewer: | City |
Video
Download Documents
- Floyd Gray Projections 2.pdf
- Canopy Oaks Recorded Plat.pdf
- Floyd Gray appraisal.pdf
- Floyd Gray Conceptual Plan.pdf
- Floyd Gray Rv Park.pdf