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

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