Contact Information
RV Park/Campground Details
- Price: $1,550,000
- Purchase Method: Cash, Seller Financing
- Cap Rate: 7.4%
- Listing ID: 6606187
- Posted On: Jul 12, 2024
- Updated On: Jul 19, 2024
Description
- Seller Financing Available
- Expansion Potential 17 +/- Acres
- 90%+ Historical Occupancy
- Operates on City Water and Septic Sewer
- Located 25 Minutes from New Semiconductor Facilities in Sherman/Denison and Slated to Open in 2025 - Expected to Create 4,500 New Jobs
- U.S. Route 377 Frontage - Which Sees Over 7,800 Vehicles Daily
Amenities
- Laundromat
- Pool
- Wifi
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Park Information
Number of RV Lots: | 30 |
Year Built: | 2019 |
Size: | 20.0 acre(s) |
Financial Information (Actual)
Gross Income: | $190,012 |
Operating Expense: | $75,879 |
Net Operating Income: | $114,133 |
Expense Ratio: | 39.9 % |
Utility Information
Water: | City |
Sewer: | Septic |