RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 13.0%
- Listing ID: 928976
- Posted On: May 16, 2018
- Updated On: Aug 29, 2018
Description
RV Park with 42 sites, 3 cabins, Laundry and bathhouse. on 5 acres. City utilities. Fish Pond. Level large sites. Located just 2.5 miles from I-20 and 4 miles from downtown.2016 appraisal=$650000.00
Amenities
- Laundromat
- Storage
- Manager Office
- Bathhouse
- Wifi
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Park Information
Number of RV Lots: | 42 |
Year Built: | 0 |
Average RV Lot Rent: | $350 |
Size: | 5.0 acre(s) |
Development Land: | This is land for developing a RV park. |
Financial Information (Actual)
Gross Income: | $108,001 |
Operating Expense: | $40,764 |
Net Operating Income: | $67,237 |
Expense Ratio: | 37.7 % |
Utility Information
Water: | City |
Sewer: | City |