RV Park/Campground Details
- Distressed: This property is in default, REO or in foreclosure.
- Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
- Cap Rate: 5.5% (Actual)
- Listing ID: 887479
- Posted On: Feb 6, 2020
- Updated On: Feb 10, 2020
Description
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Location
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Amenities
- Laundromat
- Pool
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
- Fitness Center
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Park Information
| Number of RV Lots: | 47 |
| Year Built: | 1980 |
| Average RV Lot Rent: | $444 |
| Size: | 3.5 acre(s) |
| Development Land: | This is land for developing a RV park. |
Financial Information (Actual)
| Gross Income: | $100,000 |
| Operating Expense: | $60,000 |
| Net Operating Income: | $40,000 |
| Expense Ratio: | 60.0 % |
| Debt Info: | No debt |
Utility Information
| Water: | City |
| Sewer: | Septic |