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RV Park/Campground Details

  • Price: $2,750,000
  • Cap Rate: 15.5%
  • Listing ID: 6706718
  • Posted On: Aug 27, 2024
  • Updated On: Sep 3, 2024

Description

- 29 Covered RV Spaces (each space includes 30 and 50 AMP, Wi-Fi, water, sewer, electric and laundry facilities included in monthly rent)
- Owners paid attention to detail when recently upgrading their 2-story home with 3 bedrooms and 2 bathrooms upstairs (downstairs there is an office and tenant laundry facilities, both are individually accessible from outside the house)
- A 10x10 Covered shed
- A tranquil one bedroom, one bathroom rental cabin sits at the back the property
- Flint Canyon Wild Game Processing is a state of the art facility for all of your deer, hog, cattle and exotic meat processing needs
- There are two full-time employees. An on-site Taxidermist is a separate business which is housed in an independent building with potential rental income
- The owner also operates a gun shop out of the processing plant (gun inventory conveys with sale of business)
- Also included in the sale: Tractor, forklift, golf cart, zero-turn lawnmower, and more

Location

- Located in Somervell County

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Park Information

Number of RV Lots: 31
Size: 3.6 acre(s)

Financial Information (Actual)

Gross Income: $618,800
Operating Expense: $193,580
Net Operating Income: $425,220
Expense Ratio: 31.3 %

Utility Information

Water: City
Sewer: City

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