RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 928521
- Posted On: May 14, 2018
- Updated On: Aug 29, 2018
Description
48 sites and 2 cabins on 5 acres, 3500 sq. ft home on 13.5 acres . Home has 4 br. and 3 baths with large upstairs game room. RV park has bath house and laundry house. Walking trail and fishing pond. Park is 3 miles from 1-20 and 3 miles from down town. on City utilities. Appraisal on home/ park done in 2015 =$760000.00
Amenities
- Laundromat
- Storage
- Bathhouse
- Wifi
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Park Information
Number of RV Lots: | 48 |
Year Built: | 2010 |
Average RV Lot Rent: | $350 |
Size: | 18.5 acre(s) |
Financial Information (Actual)
Gross Income: | $102,325 |
Operating Expense: | $38,376 |
Net Operating Income: | $63,949 |
Expense Ratio: | 37.5 % |
Utility Information
Water: | City |
Sewer: | City |