Contact Information

Ponderosa RV Park Owner
208-400-5553
Photo

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
Interested in purchasing this RV park? Get pre-qualified for a loan.

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