RV Park/Campground Details
- Purchase Method: Cash, Seller Financing
- Cap Rate: 15.7%
- Listing ID: 671321
- Posted On: May 26, 2016
- Updated On: Aug 4, 2017
Description
50 space rv park with a 6 bathroom bath house, C store, laundry, propane exchange,
3 cabins,
1700 sq ft . 3 bed 2.5 bath apt completely redone
we do have permanent rentals that stay year round (around 20 for 10k per mo)
income and lots of daily all year
C store doing 150k and laundry 8k propane sales 8k
will take 700k dn and finance the balance @ 70 k per year (16 cap) for 15 years
oac (about 5.87 interest rate)
Amenities
- Laundromat
- Club House
- Manager Office
- Store
- Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
Number of RV Lots: | 50 |
Year Built: | 1980 |
Average RV Lot Rent: | $45 |
Size: | 3.0 acre(s) |
Financial Information (Actual)
Gross Income: | $405 |
Operating Expense: | $216 |
Net Operating Income: | $189 |
Expense Ratio: | 53.3 % |
Debt Info: | none |
Utility Information
Water: | City |
Sewer: | City |