Contact Information

RV Park/Campground Details

  • Price: $5,100,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 9.0%
  • Listing ID: 6682697
  • Posted On: Aug 2, 2024
  • Updated On: Sep 4, 2024

Description

RECENTLY REDUCED!!
This resort is nothing short of spectacular!   Located directly on Lake Mary - a beautiful lake with more than 1000 feet of frontage!!!   There are approximately 32 acres with room to expand!   The owners have continued to invest in the property to make it an amazing opportunity for the next owner!     This includes 44 new sites in 2023 alone - so 2024 will be the first full year impact!    There is also a wonderful dock system that has about 70 slips.   Several fun things to do for all ages - 2 pools, mini golf (18 holes!), space to put inflatables in the Lake too!     The current owners just completed a new 3200 sq ft storage shed for equipment and for storage rental!

This park is ready for the next owner to take it to the next level.   Owners home is expansive with 7 bedrooms and it can be set up for rental as well!    You will want to take a look at this one!   Call John at 507-450-5626 for all the details!

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Boat Access
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
  • Fitness Center
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 125
Year Built: 1950
Average RV Lot Rent: $3,250
Size: 32.0 acre(s)

Financial Information (Pro Forma)

Gross Income: $791,000
Operating Expense: $333,800
Net Operating Income: $457,000
Expense Ratio: 42.2 %

Utility Information

Water: Well
Sewer: Septic

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