Contact Information
RV Park/Campground Details
- Price: $3,900,000
- Cap Rate: 8.9% (Actual)
- Listing ID: 6745569
- Posted On: Oct 10, 2024
- Updated On: Apr 2, 2025
Description
Sands Investment Group is Pleased to Exclusively Offer For Sale the Royal Oak RV Park Located at 6353 South Dixie Highway in Glendale, KY. This Deal Includes a 72 Lot RV Park in Growing Elizabethtown Suburb. The Area is Seeing Large Growth Due to New Jobs Being Supported By Large Battery Factories Being Built Nearby.
PROPERTY HIGHLIGHTS:
• 72 Lot RV Park
• 10 New Legacy Park Model Homes Included in the Sales (Set March 2025)
• The New Park Model Homes Rent For as High as $1,300 a month and Are Fully Occupied
• All New Infrastructure - Less Than 1 Year Old
• City Sewer & Water (Master Metered)
• Gravel Sites & Road
• High-Speed Internet
• 30 Amp & 50 Amp Electric Service
• All Full Hook-Up Sites
• Increase Occupancy and Revenue Through Marketing
Amenities
- Wifi
Park Information
| Number of RV Lots: | 72 |
| Size: | 8.5 acre(s) |
Financial Information (Actual)
| Gross Income: | $555,992 |
| Operating Expense: | $207,569 |
| Net Operating Income: | $348,423 |
| Expense Ratio: | 37.3 % |
Utility Information
| Water: | City |
| Sewer: | City |
