RV Park/Campground Details

  • Purchase Method: Seller Financing, New Loan
  • Listing ID: 6422112
  • Posted On: Jun 25, 2024
  • Updated On: Sep 24, 2024

Description

Massive Investment Opportunity: RV Park at 191 Floyd Road, Cordell, GA
Price: $899,000

Discover a premier investment opportunity with this expansive RV park located at 191 Floyd Road in Cordell, Georgia. Situated on 26 acres of prime real estate right off the high-traffic I-75 corridor, this property promises significant income potential and endless growth opportunities. Though the owner currently is not allowing occupancy in order to streamline extensive upgrades, this park is sure to fill to 100% capacity in record time.

Features:
70 RV Hookups: brand new 20/30/50 amp hookups being installed on 40 sites.
Upgrades Underway: New water lines, power hookups, power substations, and gravel installation for the 40 sites.
Resort-like Amenities: Two renovated bathhouses (with minor touchups remaining), a pool, and a clubhouse featuring a kitchen, three-bedroom, two-bedroom, and one-bedroom apartments.
Expansion Potential: County will allow expansion paving the way for massive revenue increase.
Utilities: Two tested wells on-site, with city water and sewer available (with investment), providing flexible options for water supply.
Location Benefits:
Strategic Position: Located off I-75, a major thoroughfare with high traffic flow, perfect for attracting travelers heading to and from Florida.
Convenient Access: Upcoming interstate ramp upgrades and road improvements will further enhance accessibility.
Local Attractions: Close to various recreational activities, dining, and more. Plus, Cordell is famed as the "Watermelon Capital of the World," adding a unique charm to the location and experiences you can't get anywhere else.
Financial Highlights:
Current Demand: High demand even during renovations, frequently turning away potential customers.
Competitive Rates: Nearby rental rates are $45-50 per week and $450-500 per month, indicating a strong market in the area.
Appraised Value: Recently appraised above the asking price, even before substantial upgrades, ensuring a sound investment.
The Investment Advantage:
Near Immediate Equity: Start earning from day one by adding sites and taking advantage of the number of customers excited to utilize the amenities of the park.
Future Growth: With county approval for expansion and increasing demand, the park is poised for significant long-term returns.
This RV park represents a rare chance to acquire a substantial, income-producing property in a prime location. Whether you’re looking to expand an existing portfolio or break into the RV park industry, this opportunity at 191 Floyd Road, Cordell, GA, is too good to pass up. Don't miss out on the chance to invest in this burgeoning market.

Location

Cordele, Ga

Amenities

  • Laundromat
  • Pool
  • Club House
  • Bathhouse
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 70
Year Built: 1960
Size: 26.6 acre(s)

Utility Information

Water: Well
Sewer: Septic

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