Contact Information
Ponderosa RV Park Owner
208-400-5553
RV Park/Campground Details
- Price: $670,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 12.5%
- Listing ID: 6142037
- Posted On: Jun 6, 2024
- Updated On: Sep 13, 2024
Description
Ponderosa RV Park is the Perfect 1st RV park opportunity!
For Sale by Owner
100% Occupied with WAITLIST!
Recently Appraised at $711,000 Summer 2024.
Opportunity for 3 more RV sites and rent out the house for an additional $2,000/mo.
There is plenty of opportunity for adding value to the park within the 1st year with an onsite owner who has time to devote to beautifying the park and adding SWEAT EQUITY.
2023 Gross Income - $133,638
2023 NOI - $83,661
12.5 CAP on ACTUALS
DETAILS:
23 FHU Sites
Single Family Home
NEW ASPHALT at the entrances
WiFi
Laundromat
Storm Shelter
Lots of Storage
Carports
CampLife RMS
Security Cameras
Inividually Metered Sites
Current M2M Rate: $400/mo
Under market rates ($50-$100/mo)
Tons of demand, over 1,000 views a month without any paid advertising, see Google profile.
No contract assignments will be allowed.
Text "ponderosa" to 208-400-5553 for more pictures, information and financials.
Location
Haysville, Kansas
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Wifi
Park Information
Number of RV Lots: | 23 |
Year Built: | 1970 |
Average RV Lot Rent: | $400 |
Size: | 1.7 acre(s) |
Financial Information (Actual)
Gross Income: | $133,638 |
Operating Expense: | $49,977 |
Net Operating Income: | $83,661 |
Expense Ratio: | 37.4 % |
Utility Information
Water: | City |
Sewer: | Septic |