RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 14.0%
  • Listing ID: 688620
  • Posted On: Jul 18, 2016
  • Updated On: Jun 15, 2017

Description

126 total acres of which 22 are in park..only 8 miles from I-10 and 11 miles from beaches at biloxi,ms...park has 66 rv sites and all ususal amneties plus 1/2 mile of land frontage on bluff creek which runs into guld..boating ,fishing,and beach and pool.. Park also has 4 cabins that do well.. park has been netting 75k/yr..last year was down as park was closed for owners trip out west..doing well now..61 full service sites with 52 and 30 amp..e mobile homes go with park..owners s are keeping old family house..park has everything and a ton of equipment stays with it..owners will train and may fiannce right buyer.. should net 75k this year...sp..$575k

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Boat Access
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
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Park Information

Number of RV Lots: 61
Year Built: 1985
Size: 22.0 acre(s)
Development Land: This is land for developing a RV park.

Financial Information

Gross Income: $175,000
Operating Expense: $100
Net Operating Income: $75
Expense Ratio: 0.1 %
Debt Info: none

Utility Information

Water: Well
Sewer: Treatment Plant