RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Listing ID: 514670
- Posted On: Mar 29, 2015
- Updated On: Nov 10, 2015
Description
Waveland Beach is an incredible opportunity to own an RV Park with over 4 acres of land across the street from Lake Wawasee with lake access for residents included! The 14 residents own their own homes and use the included pier on the lake. The park also comes with a nice 3 bedroom rental home, a 24' x 40' garage and a 40' x 60' pole barn for added year round storage income. The mature trees and lake views make Waveland Beach one of a kind!
Waveland Beach is open from May to October for a seasonal rent of $2,700. The rental home can be rented year round and the storage buildings can produce income from boat, RV and golf cart storage. Waveland Beach has an annual potential gross income of $58,200. This low maintenance park is a solid financial investment with land to grow and increase income streams.
The Lake Wawasee lot on the lake is also for sale. These two adjoining properties together would give a buyer over 5 acres of land with 55 feet of lake frontage and two piers. The lake lot with 2 bedroom bungalow is for sale for an additional $599,000.
Call Trent Conaway at Wisely Commercial Realty at (317) 844-4684 for more information and a tour of this great property!
Park Information
Number of RV Lots: | 14 |
Average RV Lot Rent: | $2,700 |
Size: | 4.0 acre(s) |
Financial Information
Gross Income: | $58,200 |
Utility Information
Water: | Well |
Sewer: | City |