4602 CR 673 Bushnell FL 33513-8358

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, is delighted to present the offering for sale of the Sumter Oaks RV Park, a 126-site RV Park located in Bushnell, Florida equidistant from Orlando and Tampa offering a base for exploring the heart of Central Florida. The property boasts high quality amenities providing guests with both comfort and convenience.

The property is strengthened by the region’s unparalleled tourism industry and close proximity to the growth and amenities of Tampa making it a prime investment in the heart of Florida.

Conversion from a majority-membership park to a traditional park provides opportunity for a new buyer to purchase the property below-replacement cost and lease up and stabilize the park over a 1-3 year period.

The asking price for the property is $3,800,000 ($30,159/site). This represents a ~17% stabilized yield on cost.

Join email list and provide investment criteria: https://lnkd.in/g9xC5k-a

Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.linkedin.com/company/35565066

Other opportunities:
https://www.crexi.com/profile/mike-nissley-mikeni

MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353

RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303

• Sumter Oaks is a majority transient RV park with average rates of ~$12/night and running ~63% occupancy.

• By converting to a public park without memberships and increasing advertising spend the occupancy could be stabilized around 75% at market rates which are ~$25-35/night.

• Located off I-75 within 45 minutes of downtown Tampa, FL with easy access to regional employment and amenities of Central Florida.

• Management in-place with current out-of-area owner and ready for stabilization post-membership.

• Opportunity to grow revenue by raising rates, optimizing transient/seasonal site mix to maximize revenue, adding cabin sites, converting standard sites to premium, adding premium WiFi and Cable options, vending, application fees, etc.