RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.7%
- Listing ID: 488399
- Posted On: Dec 8, 2014
- Updated On: May 3, 2016
Description
A well designed and recently constructed park located in a small community just 20 minutes from Sedona, AZ. Park has 10 sites that are nearly always full and sells propane. Tenants are monthly and there is always a waiting list.
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Park Information
Number of RV Lots: | 10 |
Average RV Lot Rent: | $400 |
Size: | 1.0 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $63,235 |
Operating Expense: | $16,912 |
Net Operating Income: | $46,323 |
Expense Ratio: | 26.7 % |
Utility Information
Water: | Well |
Sewer: | Septic |