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RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.9%
- Listing ID: 580379
- Posted On: Nov 22, 2015
- Updated On: Apr 30, 2016
Description
A 9.9% Cap Rate & 10% ROI! Quality Snowbird Park with 170 RV Spaces and 69 Mobile Home Spaces, Clubhouse, Laundry & Storage on 22 +/- acres. An additional 15 acres +/- for expansion or development!
Contact Broker for a complete marketing package.
Location
Just off the I-10 Freeway in the Growth Corridor between Phoenix and Tucson - about forty five minutes drive time south of Sky Harbor Airport! Unincorporated Greater Casa Grande.
Call Broker before visiting the property. Drive by only: do not speak to anyone onsite - management is not aware the park is for sale.
Amenities
- Laundromat
- Pool
- Club House
- Storage
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Year Built: | 1987 |
| Size: | 37.0 acre(s) |
Financial Information (Actual)
| Gross Income: | $535,546 |
| Operating Expense: | $217,443 |
| Net Operating Income: | $318,103 |
| Expense Ratio: | 40.6 % |
| Debt Info: | Cash or CTNL |
Utility Information
| Water: | City |
| Sewer: | Septic |