RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 9.5%
- Listing ID: 446119
- Posted On: May 31, 2014
- Updated On: Aug 17, 2016
Description
This is the park for you. Operate the park 3 months a year and pick up 90% of the business, or operate it 6 months a year, enjoying the beautiful transition seasons in the Appalachians. Located right on the Trans-Canadian Highway (Exit 21 in New Brunswick), and only 3 kilometers from the center of town, we've about the best location you'll find. City water. A mix of city and private sewer. We've owned the park 10 years
Operation is a 60 site RV Park and campground, and a six (6) site mobile home park on about 7 acres. Includes a one (1) bedroom, 1 bath , single-wide mobile home. Either rent it out or live in it, as it's right across from the park office. We lived in it for 6 years, but have now purchased a 5th wheel, and stay right in the RV portion of the park.
Email: owners@riversidervpark.ca for full information sheet, including possibility of owner financing. Review our website at RiversideRVPark.ca, and check our reviews through Google.
Amenities
- Laundromat
- Manager Office
- Bathhouse
- Wifi
Park Information
Number of RV Lots: | 43 |
Year Built: | 1994 |
Average RV Lot Rent: | $36 |
Size: | 7.0 acre(s) |
Financial Information (Actual)
Gross Income: | $44 |
Operating Expense: | $16 |
Net Operating Income: | $28 |
Expense Ratio: | 36.4 % |
Debt Info: | none |
Utility Information
Water: | City |
Sewer: | City |