RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 10.0%
- Listing ID: 814524
- Posted On: Jan 2, 2018
- Updated On: Jun 1, 2018
Description
UPDATE:
Three new Glamping accommodations are being added for the upcoming season. Also adding hand dipped ice cream 12 flavors. Projected income is an additional $75,000 this year!
Situated on 7.2 acres and located right off Interstate 80, this 151 space KOA Journey is on city water and sewer. This park is a President's Award winning KOA Journey 4 years and a top rated Good Sam Park 7 years in a row. Large pull thru sites; 60, 70, and 80+ ft, 30 and 50 amp service. 1 Deluxe cabin and 1 Tipi are rental accomodations. Amenities consist of a heated pool, Water Wars game, Koi pond. shuffle board courts, a gated playground, community fire table, two dog runs, a custom built Doggie wash and tent camper dishwashing station (Kamp Klean-up) were added for camper convenience. The Tipi is now a glamour tipi with bunk beds, fold out sofa sleeper, ceiling fan, flat screen and new canvas. The Deluxe cabin sleeps 4 and has a spacious patio with a table and chairs that seat 6 along with an upgraded gas grill. Please see our KOA.com homepage for updated pictures and info.
The 4,000 square ft recreation center building houses our guest registration, Fitness Center, large, flat screen television with sound system, C store with grocery, extensive line of RV supplies, gifts, ice, vape store, our famous Chicago style hot dogs and New York Polish, pool table, seating for 20, library exchange and public computer area. Rec center has a capacity of 108 persons for groups, birthday parties and weddings. Banana Bike rentals complete with helmets. All inventory, food service equipment and furnishings are included. All office equipment, computers, and 2 golf carts are also included.
Main building is equipped with a 16 camera monitoring/survelliance system and ADT alarm system. Park is complete with WiFi and cable television at each site. High visibility full color 2 sided electronic message center street sign with graphic computer to create and post text, images, pictures animations or all at the same time!. Our laundry room has 11 washers and 10 dryers, television and reading area. Poolside Mens and Womens restrooms and showers. Laundry and poolside restrooms remodeled with tile, new fixtures, new air assist toilets.
The second building is the main bath house and shop. Mens and Womens have 6 showers each. There are a total of 16 showers, 13 toilets, 11sinks available for camper use on the property. There is a complete maintenance shop. All lawn equipment, tools, shop stock and a 2005 GMC 1/2 ton pickup are included. The property has large, mature trees along with some newly planted trees. Grassy Tent sites include 20 amp pedestals for electric, cable and 4 USB ports on each tent site installed for tenter convenience.
Please view virtual tour at https://youtu.be/aIkHp9TCkgw. or click on video at top of this page.
Owners or managers residence is a 1440 sq. ft. 3 bd, 2 ba modular. Home has been extensively remodeled. You will feel right at home with tile kitchen and bathrooms, sheet rock interior with bullnose corners and nice carpet.
This is your chance to own and operate a top rated KOA . A Real Turn Key Operation!
Owner may finance with minimum 1/2 down
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
- Fitness Center
Park Information
Number of RV Lots: | 151 |
Year Built: | 1983 |
Average RV Lot Rent: | $325 |
Size: | 7.2 acre(s) |
Financial Information (Actual)
Gross Income: | $481 |
Operating Expense: | $280 |
Net Operating Income: | $201 |
Expense Ratio: | 58.2 % |
Debt Info: | 0 |
Utility Information
Water: | City |
Sewer: | City |