Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground

RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.8%
  • Listing ID: 926423
  • Posted On: May 8, 2018
  • Updated On: Aug 21, 2018

Description

Please contact Steven J. Tomaso at (518)879-2268 or email at stevenjtomaso@ireinvestment.com for full package. Below is a high level overview.

*152 full hook up sites
*26 additional sites ready for immediate set up
*Approval and planning for 330+ sites
*92 Acres
*Pool
*Club House
*Laundry
*Volleyball
*RV Storage
*Gross income$433,236
*NOI $195,229
*Cap rate for 2017 financials 8.81%
*Cap rate for 2018 financials 9.75% (rental rate increases in effect now)

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 152
Year Built: 1970
Average RV Lot Rent: $2,700

Financial Information (Actual)

Gross Income: $433,236
Operating Expense: $238,007
Net Operating Income: $195,229
Expense Ratio: 54.9 %

Utility Information

Water: Well
Sewer: Septic

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