RV Parks For Sale & Financing Loans

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MHRV ADVISORS: Permanent vacation rental spaces produce a stable 12 month revenue stream even though its mostly summer use. Possible seller financing customary lending guild lines. 42 tenants pay an annual rate of $3,000 to $3,900 per year. New annual tenants start at $3,500 + utilities. Monthly tenants pay $450 plus sum-metered for electric, trash and cable.

Of the 85 spaces, only 12 spaces are available for short term RV occupancy (the rest are monthly/yearly). Rental rates are $450 per month, $245 per week and $45 daily, tent sites at $24 per night. This RV park operates more like a mobile home park with summer vacation homes. Long term occupancy and utility pass- thru’s account for over 80% of the gross income. Summertime RV revenue and Cabin rental is only 12% of the total gross income. A spacious 1,700 SF 3 bedroom 2 bath unit is included in the sale which would be perfect for a new owner or manager.

Families, groups and individuals have been coming to Sugar Pine for many years. There is some winter RV business catering to skiers visiting Dodge Ridge, but the majority of business is conducted Memorial Day to Labor Day.

Seller will consider financing for a qualified buyer with a minimum of 25% down. Rate and terms to be negotiated and will be based upon buyers experience and credit worthiness.

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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.