Contact Information
Craig Nielson
RV Park/Campground Details
- Price: $575,000
- Cap Rate: 10.2%
- Listing ID: 6805138
- Posted On: Jan 14, 2025
- Updated On: Jan 14, 2025
Description
Tri Lakes RV Park is centrally located between Dallas/Fort Worth and Texarkana, within 10 minutes of the I30 corridor. It is close to two state parks and five large lakes with an abundance of water sports – boating, fishing and skiing. With fifteen lots, a single family home and a tri-plex, this investment opportunity provides a solid income stream and upside for additional development.
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Park Information
Number of RV Lots: | 14 |
Year Built: | 1980 |
Average RV Lot Rent: | $300 |
Size: | 3.6 acre(s) |
Financial Information
Gross Income: | $96,300 |
Operating Expense: | $37,480 |
Net Operating Income: | $58,820 |
Expense Ratio: | 38.9 % |
Utility Information
Water: | City |
Sewer: | Septic |