RV Park/Campground Details
- Purchase Method: New Loan
- Cap Rate: 26.0%
- Listing ID: 652795
- Posted On: Apr 6, 2016
- Updated On: Apr 22, 2016
Description
56 Sites, 2 Mobile Homes, Commercial Laundry, and Propane Station, Recreation Hall.
19.8 Acers. Located just off I-20 in East Texas.
7 pull thru, 49 electric metered sites.
Park has WIFI, and 24 channel cable TV.
Well established park with good long term tenants,
Great Cash Flow.
Reason for selling, retiring.
Amenities
- Laundromat
- Club House
- Manager Office
- Bathhouse
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 56 |
Average RV Lot Rent: | $275 |
Size: | 19.8 acre(s) |
Financial Information (Actual)
Gross Income: | $228 |
Operating Expense: | $59 |
Net Operating Income: | $168 |
Expense Ratio: | 25.9 % |
Debt Info: | Income Tax Return |
Utility Information
Water: | Well |
Sewer: | Treatment Plant |