RV Parks For Sale & Financing Loans

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MHRV ADVISORS:  Cash flowing land bank! In addition to the park the sale includes 110 acres of vacant land for future development that was previously approved for 200 SFR’s on ¼ acre lots. These lots would be subject to the $132 sewer and water connection to the existing park system with a potential of $316,800 of new recurring income. The park already charges a near by SFR development (80 Homes) $132 per connection totaling approximately $126,790 per year.

The park’s operations has been completely reorganized over recent years to take advantage of the multiple income streams unique to this property . There are 44 spaces occupied with mobile homes with the other spaces generating income from long-term RV occupancy.

Seller will carry an new first loan at favorable terms with down payment sufficient to pay of the existing 1 st loan of  $1.5m.

Lifestyle, community and affordability are motivating factors to live at this park. Just 10 minutes from Klamath Falls, Oregon.  Amenities including a 9 hole executive course, driving range (with ample well water making it affordable to operate) a large clubhouse and a onsite restaurant bar (which is leased to an 3 rd party operator).

Subject Photo

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.