RV Parks For Sale & Financing Loans

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MHRV ADVISORS:  REO! bank may finance. Located along the South 6th Street Corridor the park and CG zoned 1.47 acre vacant corner lot (also for sale at $369,500) is at the heart of the local trade area including a Home Depot, Albertsons and other national and regional credit tenants.

The park currently has 16 of 19 spaces rented $285 generation $4,560 per month or $54,720 per year. Broker estimates expense at 40% at $1,737 per month on average or $20,844 per year. A new owner can increase the revenue to a 11.6% Cap grow the corresponding value by filling the 3 vacant spaces. Returns and value can potentially be even higher if usage is billed for the various utilities.

The park is serviced by city sewer and water services. Due to the REO nature operation history is limited. Price as been established accordingly and sale will be AS-IS WHERE-IS WITH ALL FAULTS .

Please contact brokers for more information regarding the extra acreage and/or terms of the seller financing.  
 

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THE PROSPECTIVE BUYER SHOULD CAREFULLY VERIFY EACH ITEM OF INCOME, EXPENSE, AND ALL OTHER INFORMATION CONTAINED HEREIN.

The information contained herein has either been given to us by the owner or the property or obtained from sources that we deem reliable.  We have no reason to doubt its accuracy but we do not guarantee it.  Vacancy factors used herein are an arbitrary percentage used only as an example.  It does not necessarily relate to actual vacancy, if any.  The value of this investment is dependent upon these estimates and assumptions made above, as well as the investment income, the tax bracket and other factors which your tax advisor and/or legal counsel should evaluate.