RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Cap Rate: 9.3%
  • Listing ID: 6654789
  • Posted On: Jul 16, 2024
  • Updated On: Sep 5, 2024

Description

Lake Mayfield RV Resort Features 40 RV sites with Full Hookups including 30 & 50 amps. Other Accommodations include 18 Tent Site, 7 Dry Cabins, 23 Unit Hotel and 1 House. The Roughly 109 Boat Slips are Day Use, Rented, or Membership based. The Resort has a Large General Store, Gas Station, Common Covered Area, Parks, Restaurant (not in use), and Leisure activity rentals: JetSki's, Fishing Boats, Kayaks, Party Boats, and Peddle boats. Manager Quarters. Close to MT. ST. Helens and MT. Rainier. Located between Seattle and Portland off Interstate 5 on Mayfield Lake (20 miles east of Interstate 5). Driving time will vary from 1 1/2 hours from Portland and to 2 1/4 hours from Seattle. Buyer performs all due diligence and validity of info.

Amenities

  • Laundromat
  • Club House
  • Storage
  • Boat Access
  • Manager Office
  • Store
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Park Information

Number of RV Lots: 40
Size: 0.3 acre(s)

Financial Information (Actual)

Gross Income: $776,585
Operating Expense: $96,969
Net Operating Income: $601,749
Expense Ratio: 12.5 %

Utility Information

Water: City
Sewer: Septic