RV Park/Campground Details
- Purchase Method: Seller Financing, Assumable Loan
- Listing ID: 636264
- Posted On: Feb 19, 2016
- Updated On: Aug 3, 2017
Description
Located in an exclusive resort area one hour from Fargo this property has 16 full hookup rv lots and a two bedroom loft style apartment. Right at the entrance to the state park and the area offers fishing, hunting, boating, hiking and more and is a winter ski destination. All city utilities.
Park has a waiting list. Currently open April1st to October 1st but big demand for year round operation. Private assumable mortgage @ 3% fully amortizing, paid out in 2028. Seller will consider holding a small second with a full price offer.
Amenities
- Laundromat
- Club House
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 16 |
Year Built: | 1997 |
Average RV Lot Rent: | $25 |
Size: | 1.0 acre(s) |
Financial Information
Gross Income: | $37,000 |
Operating Expense: | $12,000 |
Expense Ratio: | 32.4 % |
Debt Info: | $73,000 @ 3% P&I PMNT $584 |
Utility Information
Water: | City |
Sewer: | City |