Listed by Collab-RT Realty LLC
$500,000
End of the Road RV Park
Details
APN 29241
Property Type Land, Mixed Use
Sub Type Commercial, Garage/Parking
Cap Rate 7.68%
NOI $38,400
Broker Co-Op Yes
Year Renovated 2024
Acreage 11.930
Investment Type Owner/User
Newly Finished RV Park + 11.93 acres of Additional Land
Marketing description
Newly refurbished RV Park with 10 spots available, meters, water and sewer ready. City utilities so expansion does not need septic or well additions. About 11 acres of unimproved land to expand to
Cap rate and NOI is projected at full occupancy. Less than 20k to double space with larger spots that should generate another $60k/yr when full. Owner says other spots would be more desirable with trees and more room.
Investment highlights
Newly Completed RV Park with water, electric and sewer
New Entry and signage
Over 11 acres included that remain undeveloped
New Dog Park Added to RV Park Amenities
Excellent getaway for the RV Enthusiast
Listing Contacts
Listed by Collab-RT Realty LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$38,400.00
$3,200.00/mo
Valuation Metrics
0
DSCR
7.68%
Cap Rate
7.68%
ROI
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