RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 5320628
- Posted On: Apr 18, 2024
- Updated On: Jul 24, 2024
Description
Doc's Harbor RV is licensed for 32 full hook up RV sites on the north shore of Mille Lacs Lake in Central Minnesota. The beautiful resort is situated on 2.4 acres and has over 600 feet of lakefront. The property also has a 2 bedroom cabin, private boat launch, 26 slip harbor, 1,249 clubhouse building, 2,188 sqft pole barn, 968 sqft garage, shower house and a fish cleaning shack. The Red Door Resort is willing to net lease the property back at a 7% cap rate.
Amenities
- Club House
- Boat Access
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 32 |
Year Built: | 1979 |
Average RV Lot Rent: | $3,500 |
Size: | 2.4 acre(s) |
Financial Information (Pro Forma)
Net Operating Income: | $104,650 |
Utility Information
Water: | Well |
Sewer: | Septic |