RV Park/Campground Details

  • Purchase Method: Cash
  • Cap Rate: 80.0%
  • Listing ID: 786638
  • Posted On: Feb 20, 2017
  • Updated On: Aug 7, 2017

Description

A 12 + Ac. R V Park. Currently has 33 rental sites, full hook ups. These are only on about 5 acres of available land. Can expand up to an additional 90 to 100 sites. We stay 80 % booked. Go to our web site www. five hills r v park.com, Copperas Cove Tx. 76522 for pictures etc. Excellent opportunity to expand with right motivation.

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Park Information

Number of RV Lots: 33
Year Built: 1960
Average RV Lot Rent: $425
Size: 12.9 acre(s)
Development Land: This is land for developing a RV park.

Financial Information (Actual)

Gross Income: $135
Operating Expense: $90
Net Operating Income: $45
Expense Ratio: 66.7 %
Debt Info: none owed

Utility Information

Water: City
Sewer: City

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