RV Park Investment Opportunity-Value-Add Upside Established RV park with in-place cash flow 13 total pads with 5 currently occupied Immediate upside through lease-up of 8 vacant pads Stabilization potential through increased occupancy and rent optimization True Value-Add Opportunity Significant upside driven by underutilized marketing and leasing efforts Current ownership does… Read More not actively advertise the property and has no on-site signage, limiting visibility and inbound demand Ability to rapidly increase NOI through filling vacant pads with minimal capital investment Potential for ancillary income (on-site storage, laundry, or service fees if implemented) Investment Overview Purchase Price: $700,000 In-Place NOI: $43,809.85 In-Place Cap Rate: ~6.26% (based on current occupancy) Significant upside through lease-up of 8 vacant pads and operational improvements Sale will include all land associated with the RV park improvements. Final boundaries to be determined by Buyer during due diligence via replat Highlights Immediate cash flow with clear path to increased returns Simple, easy-to-manage asset class Strong upside through lease-up of existing infrastructure (no major development required) Ideal for investors seeking yield with operational upside Read Less
Courtesy of Renfro Real Estate Advisors, M. Clint Renfro.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Business
Square Ft.
1,000
Lot Size
1 Acres
Year Built
2019
MLS Number
21245797
Additional Details
Building
Built in 2019, Construction materials: Rock, Stone, 1 total story, Toal building area: 1000
Cooling
WindowUnits
Floors
Concrete
Income
Gross income: $63,660, Net operating income: $43,809
Lot
1 acre, 43,560 sqft, Leasable area: 1000
Parking
Asphalt
Roof
Metal
Sewer
SepticTank
Utilities
SepticAvailable, WaterAvailable
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