Listed by Keller Williams Realty Greater Downtown
$1,735,000
11.65%CAP**OWNER FINANCING w/1M DOWN**
Details
Property Type Multifamily
Sub Type RV Park
Square Footage 79,856
Units 37
Cap Rate 11.65%
NOI $201,000
Tenancy Multi
Class C
Year Built 2010
Buildings 7
Stories 1
Acreage 2.430
Zoning C-3 Commercial
Parking Spaces 2.03 per 1,000 sq ft
LAKE CHATUGE RESORT AREA STEADY LONG TERM TENANTS
Marketing description
SEE THE ATTACHED RENT ROLL AND FINANCIAL DETAIL: 37 units. 30 RV lots, 4 cottages(one cottage has 2 units), 1 barber shop. On sewer and city water. 23 long term year round tenants, 3 temporary. Owner pays water and electric. Sits in town close to shopping and resturants on 1.83 acres in the resort area next to Lake Chatuge. Some Tenants pay Monthly,Bi-Weekly and Weekly. SEE THE ATTACHED RENT ROLL AND FINANCIAL DETAIL...
Investment highlights
- LONG TERM TENANTS
- CITY SEWER AND WATER
- RESORT AREA ON LAKE CHATUGE
Listing Contacts
Listed by Keller Williams Realty Greater Downtown
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$201,000.00
$16,750.00/mo
Valuation Metrics
0
DSCR
11.59%
Cap Rate
11.59%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
