RV Park/Campground Details
- Purchase Method: Cash
- Cap Rate: 7.0%
- Listing ID: 445682
- Posted On: May 27, 2014
- Updated On: Sep 7, 2014
Description
$429,900
Owner relocating out of state . 14.7 Acre campground, 112 campsites, 58 seasonal campers - numerous tent campging areas, Three 12 x 24 camping cabins, one 10 x 10 camping cabin.
Fully stocked campstore with efficiency apartment. Great for a manager or we rent out as efficiency suite during the camping season.
Large list of equipment to maintain. All of the property goes along with the sale of the campground.
Seasonal sites range from from 1350 - 1500 per year.
The campground is located 1.5 hours from Chicago and 1.5 hours from indianapolis . A nice creek runs through the center of the campground and empties into the river across the street from the campground with a beautifull 1400 acre lake above the dam.
Some of the best fishing in north central indiana . We are also located only 1.5 miles from indiana beach amusement and water park.
Campground would be great for a couple or family to run. Past sales and taxes available upon request for seriouse inquiries.
Call Harold Myers @ 443 - 786 - 2829
Or Norway Campground @ 574 583 9300
Amenities
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 89 |
Year Built: | 1957 |
Average RV Lot Rent: | $1,500 |
Size: | 14.7 acre(s) |
Financial Information (Actual)
Gross Income: | $117 |
Operating Expense: | $65 |
Net Operating Income: | $52 |
Expense Ratio: | 55.6 % |
Debt Info: | loan |
Utility Information
Water: | Well |
Sewer: | City |