RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 8.1%
- Listing ID: 522716
- Posted On: May 18, 2015
- Updated On: Aug 19, 2015
Description
Well maintained RV Park with 94 spaces and single small house located on a major arterial in the North Fresno metropolitan area. The park was once a mobile home park and converted years ago to an RV Park and is the only such property in the area. Most residents pay on a weekly basis, although there are a few residents on a monthly basis as well. The property is in excellent condition with larger than usual spaces.
Amenities
- Laundromat
- Storage
- Manager Office
- Wifi
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Park Information
Number of RV Lots: | 94 |
Average RV Lot Rent: | $700 |
Size: | 6.4 acre(s) |
Financial Information (Pro Forma)
Gross Income: | $612 |
Operating Expense: | $281 |
Net Operating Income: | $331 |
Expense Ratio: | 45.9 % |
Debt Info: | 173,248 |
Utility Information
Water: | City |
Sewer: | City |