RV Park/Campground Details
- Listing ID: 71491
- Posted On: May 31, 2011
- Updated On: Jul 30, 2013
Description
This RV Park is located 15 to 20 minutes from North Jacksonville Florida. 1/4 mile North of St. Marys River. It is right off I95 exit 1. Area is seeing tremendous growth, and St. Marys Historic district is a growing tourist attraction that will blossom now that congress is basically requiring more access to Cumberland island. Park is doing about half its potential at almost $300,000 per year, but needs someone to come in and make some capital improvements (needs $50,000 to $100,000 to really maximize potential.) Financially you will need a minimum of $500,000 to $600,000 to purchase this park. You could buy it with less but would not be able to write yourself a paycheck from the profits. Great long-term investment strategy as park staff is in place to run with minimal owner oversight. Also willing to consider lease with right terms, but current mortgage would require lease of $140,000 per year.
Park Information
Number of RV Lots: | 109 |