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RV Park/Campground Details

  • Price: $4,500,000
  • Cap Rate: 7.7%
  • Listing ID: 6745569
  • Posted On: Oct 10, 2024
  • Updated On: Oct 25, 2024

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
• 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
Interested in purchasing this RV park? Get pre-qualified for a loan.

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

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