I have a contract assignment for the off-market RV Park in TX with solid seller financing terms.
Based on 2023 Revenue and a 45% expense ratio, the park would be trading at a 9.1% cap rate.
- ~60 sites with ability to add ~8-10 more
- City water and city sewer
- Concrete roads and pads
Seller Financing Terms:
- $2,150,000 Purchase Price
- $550,000 DP (~25.6%)
- 5% P&I
- 25-year amortization
- 10-year balloon
- Assignment fee included
If you are interested in accessing the Deal Folder or asking any other park specific information, please email us at nathan@parklandacquisitions.com
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