RV Park/Campground Details
- Purchase Method: Seller Financing
- Cap Rate: 11.0%
- Listing ID: 576946
- Posted On: Nov 3, 2015
- Updated On: Nov 4, 2016
Description
Patriot North RV Park and Storage has excellent earning potential! Located just south of the intersection of Hwy. 177 & Hwy. 64, 10 minutes from Stillwater, Oklahoma. Only 20 minutes from Oklahoma State University, excellent shopping, movie theatres, Walmart stores, etc.
19 space RV Park PLUS 30 commercial Storage Units. 30 and 50 amp service at every RV space. Convenience store 1/2 mile from park.
Property includes a 2 acre tract (MOL) of HIGHWAY FRONTAGE along Hwy. 177.
Amenities
- Laundromat
- Storage
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 19 |
Year Built: | 2013 |
Average RV Lot Rent: | $400 |
Size: | 5.0 acre(s) |
Financial Information (Actual)
Gross Income: | $83,000 |
Operating Expense: | $40,000 |
Net Operating Income: | $43,000 |
Expense Ratio: | 48.2 % |
Utility Information
Water: | City |
Sewer: | Septic |