Contact Information
RV Park/Campground Details
- Price: $1,600,000
- Cap Rate: 8.6% (Actual)
- Listing ID: 6835205
- Posted On: Mar 3, 2025
- Updated On: Mar 3, 2025
Description
- Offered at a Day One 8.58% Cap Rate
- Built in 2016 with Recent Renovations in 2022
- Park Provides Direct Access to the Beach - Less than 1,500 Feet from the Property
- Operates on City Water and Sewer
- Expansion Capability for Approximately 30 Additional Sites on Two Undeveloped Acres
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Park Information
| Number of RV Lots: | 70 |
| Year Built: | 2016 |
| Size: | 7.9 acre(s) |
Financial Information (Actual)
| Gross Income: | $242,551 |
| Operating Expense: | $105,296 |
| Net Operating Income: | $137,255 |
| Expense Ratio: | 43.4 % |
Utility Information
| Water: | City |
| Sewer: | City |
