68 RV Hookups, 5 tiny homes & 4 cabins

Multi-Family for Sale
Catylist Listing ID: 30876605
Property Subtypes: Mixed Use, Other
Number of Units: 77 Units
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Sale Price: $900,000
Unit Price: $11,688.31 Per Unit
Property Use Type: Investment, Business
Building Name: Camp Delta
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/22/2024

Overview / Comments

Here is a great opportunity to purchase an income-producing RV Park that still has the potential to grow and increase revenue. Currently 68 full hookups, 5 tiny homes and 4 cabins are operational. An additional 22 rv sites available with approval. General store on site, city water and septic with paved roads. There is a laundry facility and bath house available for guest use as well. This property can easily bring 20,000 or more in monthly income if managed properly. We have financial data available upon request, including monthly income and expenses reflecting the normal operation of this business. There is marketing and advertising in place that generates new business daily, many long term renters that have been there for years. This property is approximately 10 minutes from the new Novelis plant project, The Mega Site and all the future growth expected for Bay Minette. Don't miss out on this one time opportunity to buy equity and income with huge upside potential. Seller is agent friendly and will pay 7% to buyers agent so call your favorite agent and set up a showing.This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract,such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Additional Details

Nearest MSA: Daphne-Fairhope-Foley
County: Baldwin
Tax ID/APN: 05-13-05-44-0-000-061.000
Zoning: COMMERCIAL

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,833 1,833
Median Age: 42.08 42.08
Households: 735 735

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