Contact Information
Dan Reece
208-400-5553
RV Park/Campground Details
- Price: $725,000
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 11.5%
- Listing ID: 6142037
- Posted On: Jun 6, 2024
- Updated On: Jun 22, 2024
Description
Ponderosa RV Park is the perfect 1st RV park opportunity! Lots of upside for an onsite owner.
Seller willing to carry up to $100,000 in 2nd position. Local Banks will loan up to 80% LTV. For Sale by Owner!
A well qualified buyer will be able to get this RV Park with small Down Payment!
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 a huge sweat equity.
Save on living expenses by living in the home onsite or in your own RV.
2023 Gross Income - $133,638
2023 NOI - $83,661
11.5 CAP on ACTUALS
DETAILS:
25 FHU Sites
Single Family Home
WiFi
Laundromat
Storm Shelter
Storage
Carports
CampLife RMS
Inividually Metered Sites
Current M2M Rate: $400/mo
Under market rates ($50/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 and information.
Location
Haysville, Kansas
Amenities
- Laundromat
- Club House
- Storage
- Manager Office
- Wifi
Park Information
| Number of RV Lots: | 25 |
| 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 |