RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 9.2% (Actual)
- Listing ID: 441676
- Posted On: May 6, 2014
- Updated On: Jul 24, 2014
Description
Sunny Springs Resort & Campground is a well established nicely updated pet friendly facility on 20 stunning acres. It offers 73 RV (recreational vehicle) sites, each one of them able to accommodate a 65-ft vehicle, along w/10 nicely appointed cabins, 1 lovely suite, 14 tent sites & a 2B/1.5Ba home for a total of 99 income units. Each site has a burn pit, picnic table, 50 amp electrical hook up and plenty of clean, fresh outdoor space for visitors to spread out, relax and enjoy the simply beautiful scenery. Included in the terrific outdoor experience are all the conveniences and comforts of home such as: free WIFI, Direct TV, a family size swimming pool, tennis courts, basket ball courts, a banquet room, and a recreation room complete with exercise facilities, and a golf driving range!! Now under new ownership and professionally managed, this investment property has serious upside potential. Adjacent parcel offers room for expansion (add'l $, same Seller).
Sunny Springs Resort & Campground is located the Ephrata Washington area. Ephrata Washington is an amazing place to visit and to call home. Located in Central Washington State, in the heart of Grant County, it is the Gateway to the Columbia Basin. Ephrata enjoys ample sunshine with ~300 sunny days a year. Combine this with a low cost of living, superior outdoor recreational activities—including fishing, camping, RVing, hunting, boating, motor sports, and hiking & biking through the unique geology—along with excellent schools and that “home town community feel” where people do care and friendly faces can still be found, Ephrata it is a great place to live and to INVEST. Visit the Sunny Springs website at http://www.sunnysprings.com and see for yourself what a terrific opportunity this is.
Amenities
- Laundromat
- Pool
- Club House
- Manager Office
- Bathhouse
- Store
- Wifi
- Fitness Center
Park Information
Number of RV Lots: | 99 |
Year Built: | 1992 |
Size: | 20.0 acre(s) |
Financial Information (Actual)
Gross Income: | $299,818 |
Operating Expense: | $66,461 |
Net Operating Income: | $233,357 |
Expense Ratio: | 22.2 % |