RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 8.1%
- Listing ID: 551690
- Posted On: Feb 24, 2016
- Updated On: Apr 14, 2016
Description
Beautiful Olympic Peninsula (42-Space) RV Park. First time On Market in 28 years!! City Sewer & City Water!! Location, Location!! Rec room, park office, Laundry room, Restrooms & Showers, and owner or manager' s home!! BEST Priced park in the Olympic Peninsula.
This park is located on Scenic 101 (Pacific Coast Hwy) on Washington States Olympic Peninsula. Excellent location (across the street from large shopping center with a Grocery Store, General Store, Deli & Coffee Bar).
This RV Park is positioned to benefit from the existing growth in visitors to the Olympic Peninsula and to the Olympic National Park. Great money maker (good strong history of high occupancy)!! Previous owner owned and operated park for over 28 years!! New owner could keep park open seasonally (5-6 months) or decide to open park year round (and attract long term tenants)!! Park is located on busy traveled Scenic Hwy 101 with high volume of tourism from April through October.
Park is located approx. 12 miles (15 minutes) from the beautiful Pacific Ocean!! See the attached FOR SALE MEMO for more information.
Park is located in the beautiful Olympic Peninsula in the town of Forks. (approx. an hour west of Port Angeles and 3 ½ hrs west of Seattle).
Forks is a popular destination for sport fisherman who fish for salmon and rainbow trout in nearby rivers. Forks offers world class attractions such as Olympic National Park, Rialto Beach, Hoh National Rain Forest, Kalaloch Beach, Lake Ozette, Cape Flattery and the Northwest Coast, Lake Crescent, Sol Duc Falls, and our many scenic rivers and mountain trails.
We are also located only 12 miles (15 minutes) from the beautiful Pacific Ocean!! See the attached FOR SALE MEMO for more information.
Amenities
- Laundromat
- Manager Office
- Wifi
Park Information
Number of RV Lots: | 42 |
Year Built: | 1986 |
Average RV Lot Rent: | $375 |
Size: | 3.0 acre(s) |
Financial Information (Actual)
Gross Income: | $79,935 |
Operating Expense: | $33,572 |
Net Operating Income: | $46,363 |
Expense Ratio: | 42.0 % |
Debt Info: | CTNL |
Utility Information
Water: | City |
Sewer: | City |