RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 687305
- Posted On: Jul 14, 2016
- Updated On: Jan 20, 2017
Description
A country style 33 space RV Park with a great natural setting and a 10 unit Motel Building all situated on almost 9 acres at the intersection of Interstate 5 and Hiway 99. Received 2016 Oakland Oregon "Best Campground Award".
This property has an owner/manager 2 bedroom home with an attached office, 2 shops, a garden, fruit trees and berries, and the equipment to maintain it. Great abundant spring water, 90%+ occupied annually. Clean restrooms and laundry facility keep most of our long term tenants happy to stay here in the beautiful Umpqua Valley.
The RV Park is only using a little more than 4 of the 8.91 acres. An additional $35k annually easily attainable with the new propane dispensing just in and 2 more Motel rooms rented with a little updating. Best RV Park in Douglas County...ask our guests!
NOTE: GOOGLEMAP STREET VIEW IS NOT UPDATED AND IS NOT INDICATIVE OF CONDITION!
Location
We are on the Interstate 5 and dominate exit 150. Hiway 99 to the coast starts off freeway here.
Interstate Informational signs prior to exit 150 now in use bringing in nightly travelers off the I5 interstate.
Amenities
- Laundromat
- Storage
- Manager Office
- Bathhouse
- Wifi
Park Information
| Number of RV Lots: | 33 |
| Average RV Lot Rent: | $400 |
| Size: | 8.9 acre(s) |
Financial Information (Actual)
| Gross Income: | $100,000 |
| Operating Expense: | $55,000 |
| Net Operating Income: | $45,000 |
| Expense Ratio: | 55.0 % |
Utility Information
| Water: | Well |
| Sewer: | Septic |