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Summerdale RV Park

34 RV Lots + House for Management + Potential Storagde

Listing Contacts

Active

Asking Price: $1,299,900
Earnest Money  Deposit: $25,000 min.
Address 

17134 Barnard Rd, Summerdale, AL 36580

Show on Map
Date Added
Feb 25, 2025
Days on Market
58 days
Time Since Last Update
58 days

Details

Property TypeHospitality, Mixed Use, Mobile Home Park, Multifamily, Self Storage
SubtypeApartment Building, RV Park
Investment TypeStabilized
ClassB
TenancyMulti
Number of Tenants34
Square Footage191,664
Price/Sq Ft$6.78
Cap Rate3.67%
Occupancy85%
NOI$47,693
Units34
Pads34
Years Built1990, 1995 and 1 more
Buildings2
Stories1
ZoningR-3, B-2
Lot Size (acres)4.4
Broker Co-OpYes
APN48-09-31-4-000-005.013
Price/Unit$38,232.35
Lease OptionsMonth by Month
OwnershipFull
Sale ConditionFor sale by owner

Marketing Description

Disclaimer: Prospective buyers are advised to independently verify all information, including zoning regulations, permitted uses, and financial data, through due diligence.​ This listing is subject to errors, omissions, change of price, prior sale or withdrawal without notice.​

Investment Opportunity - Summerdale RV Park

Well-maintained RV park with stable income and the potential for increased revenue.​ Located in the growing Alabama Gulf Coast area, this property offers a chance to capitalize on the region's increasing popularity.​

Summerdale RV Park offers 34 RV lots, each with electrical (a mix of 30- and 50-amp service), water, and sewer hookups.​ Water is supplied by an on-site well, and sewer service is provided by the county.​ RV lot current rental rate is $390/ month with utilities included in the price.​ The property includes a house divided into three (3) one-bedroom, one-bathroom units, each with a kitchen and individual entry.​ Note: Current zoning regulations do not permit renting of these units.​ The house is well-suited for use as on-site management or for owner occupancy.​ The house includes a dedicated laundry room with its own exterior access and laundry hookups.​ This space could potentially provide an additional revenue stream through the installation of coin-operated laundry equipment.​

The separate storage/office building presents an opportunity for value-added improvements.​ Potential uses include a rental office or individual storage units for guest use.​ The existing parking area near the building could also potentially generate additional revenue if utilized for boat or trailer storage subject to Baldwin County regulations.​

Key Features:

  • Established Income Stream: The park consistently maintains a high occupancy rate, indicating strong demand for RV sites in the area.​

  • Financial Overview: Annual Gross Profit is approximately $119,000.​

  • Key Expenses: Annual Expenses include utilities, taxes and licenses, repairs and maintenance, and insurance, among others.​ There is potential to lower these expenses with the implementation of a utility billback system, allowing tenants to be directly responsible for their individual utility consumption.​

  • Strategic Location: Situated in Summerdale, Alabama, the park benefits from its proximity to Highway 59, providing convenient access to key destinations.​ The Alabama Gulf Coast beaches are approximately 22 miles (30 minutes) from the park, offering guests easy access to the area's premier recreational opportunities and is accessible directly from the Baldwin Beach Express.​ The park is approximately 10 miles (15 minutes) from Interstate-10 exit, offering easy access for travelers.​ Additionally, Summerdale RV Park benefits from its close proximity to essential amenities such as grocery stores and other necessities.​ Additionally this location offers convenient access to medical services - 10 minutes drive to South Baldwin Regional Medical Center in Foley or 25 minutes to Thomas Hospital in Fairhope.​

Summerdale RV Park is a promising investment opportunity for those seeking to benefit from Baldwin County's growing population.​ This property offers both immediate cash flow and the possibility of long-term growth.​

Valuation Calculator

Valuation Calculator

Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,693.00
$3,974.42/mo

Valuation Metrics

0
DSCR
3.67%
Cap Rate
3.67%
ROI

Due Diligence

Due diligence information will be provided.
Please reach out to the listing contacts for details.

Contact

Listing Contacts


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