RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.5%
- Listing ID: 4561527
- Posted On: Feb 24, 2024
- Updated On: May 23, 2024
Description
Fully occupied RV park for sale and finding tenants is not a problem. We do very little in advertising. Most tenants are long term and have been here for years. Park is recently paved and offers what most investors want - city water, sewer and trash. Great location within city limits as most tenants past and present work in this city. There have been some that worked in San Antonio - about 40 minutes away. Current storage was a laundry room, but a public laundry room is next door. Owner will consider owner financing with 30% down and will offer rates/terms better than a bank would offer for a loan like this. Owner will consider paying an agent.
Location
Pleasanton, TX city limits
Amenities
- Laundromat
- Storage
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 33 |
Year Built: | 2012 |
Average RV Lot Rent: | $400 |
Size: | 5.0 acre(s) |
Financial Information (Actual)
Gross Income: | $240,000 |
Operating Expense: | $72,000 |
Net Operating Income: | $168,000 |
Expense Ratio: | 30.0 % |
Debt Info: | none |
Utility Information
Water: | City |
Sewer: | City |