RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.3%
- Listing ID: 518318
- Posted On: Apr 23, 2015
- Updated On: Aug 24, 2015
Description
100+ RV sites on leased land with over 50 years remaining on lease.
Price is now FIRM at the reduce amount.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 100 |
| Year Built: | 2006 |
| Average RV Lot Rent: | $3,500 |
| Size: | 7.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $450,000 |
| Operating Expense: | $214,000 |
| Net Operating Income: | $236,000 |
| Expense Ratio: | 47.6 % |
| Debt Info: | Community bank |
Utility Information
| Water: | City |
| Sewer: | City |