Photo of RV Park/Campground
Photo of RV Park/Campground
Photo of RV Park/Campground
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: 8.4%
- Listing ID: 969760
- Posted On: Jul 16, 2018
- Updated On: Jan 20, 2019
Description
Very motivated seller. This RV Park is on the waterfront at Lake Fork, a premier bass fishing lake with many tournaments. There is a boat ramp shared by another park. Also, a covered deck with sink, at the water's edge. There is a laundry room. All tenants pay annually for the lots and are weekenders and snowbirds. It is a beautiful location surrounded by lots of trees.
Amenities
- Laundromat
- Boat Access
Interested in purchasing this RV park? Get pre-qualified for a loan.
Park Information
| Number of RV Lots: | 14 |
| Year Built: | 2000 |
| Average RV Lot Rent: | $1,875 |
| Size: | 2.2 acre(s) |
Financial Information (Actual)
| Gross Income: | $26,270 |
| Operating Expense: | $7,403 |
| Net Operating Income: | $18,869 |
| Expense Ratio: | 28.2 % |
| Debt Info: | 0 |
Utility Information
| Water: | City |
| Sewer: | Septic |