Contact Information

David McQuary
License: Florida Real Estate Broker
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RV Park/Campground Details

  • Price: $2,500,000
  • Purchase Method: Seller Financing
  • Cap Rate: 10.0% (Pro Forma)
  • Listing ID: 5724896
  • Posted On: May 15, 2024
  • Updated On: Jan 25, 2025

Description

We are breaking ground on this property. We are selling 100 lots in the first phase and 24 acres are available to add when needed. This property is on Hwy 231 and 4 miles south of Interstate 10 in Alford Florida. We are selling this 44-acre tract fully permitted. We will be clearing the property and ready to start developing. City water and sewer are available at the front of the property. Each lot will have WIFI, cable tv, water, sewer and 30/50-amp pedestals. This property is 12 miles from 3 golf courses, and 4 miles from a Compass Lake. Great location north of the Emerald Coast Beaches. The pictures are of RV Parks that I have built, and these lots are what I will be building on this site. Of course, the new buyer can build the park how they choose, or the seller will construct this RV Park to completion. Current plans include 300 to 400 lots. 6000 sq ft building which will have 2 indoor pickleball courts, 6 private bathrooms, laundromat, swimming pool, and a lounge for our guests to have a dinner, play cards, or just a place to do your business.

Location

45 miles North of Panama City, Florida and 12 miles from Marianna, Florida.

Amenities

  • Laundromat
  • Pool
  • Club House
  • Manager Office
  • Bathhouse
  • Wifi
  • Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 300
Year Built: 0
Average RV Lot Rent: $600
Size: 44.0 acre(s)

Financial Information (Pro Forma)

Gross Income: $2,400,000
Operating Expense: $600,000
Net Operating Income: $1,800,000
Expense Ratio: 25.0 %
Debt Info: 1,800,000

Utility Information

Water: City
Sewer: City

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