RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 11.0%
- Listing ID: 487359
- Posted On: Dec 4, 2014
- Updated On: Sep 8, 2017
Description
Beautiful 10 acre park with 15 spaces, 10 park owned Mobiles, 5 RV spaces, 88k gross rents,11 cap
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Park Information
Number of RV Lots: | 15 |
Financial Information (Pro Forma)
Gross Income: | $88,000 |
Operating Expense: | $11,000 |
Net Operating Income: | $77,000 |
Expense Ratio: | 12.5 % |
Debt Info: | 250k first, 100k second |