Lake Panasoffkee Florida new RV Park!

$ 695,000
SoldRV Parks/Campgrounds1914 North County Road 470, Lake Panasoffkee, FL 33538, USA


Details

Number of Sites: 36
Acres 4.89

Description

Investment Highlights

The property itself has 36 sites set on 4.89 acres.  It's all new and very close to completion.  The road bed is in and needs surfacing.  The area for the septic tank is ready for installation, and ready to connect lines.  This could be an excellent location for long term tenants in mobile homes or RVs. The property is well designed to operate as an RV park, or for a different investment, set up long term MH lots for rentals or individual sales.  Options abound!

Executive Summary

Many prospective buyers who contact RVParkSales.com want to buy a ‘starter park’.  And they would like a nice location with great potential. Note:  The majority of buyers who contact us request a ‘First Choice’ location in Florida.   And they want to be near a MSA population base, with lots of recreational opportunities, dining, entertainment and in a high demand market area.  We’ve got it all in this location convenient to The Villages and all that area offers. Remember:  LOCATION, LOCATION AND RV PARK LOCATION! Well, here it is.  You are getting a KILLER PRICE, and great OWNER FINANCING (if you need that) to get you started.  This park is fully approved and mostly completed. Here’s what is left to be done and ESTIMATED costs to complete it: 1. Fence installation – $59,500 2. Septic system installation – $105,000 3. Environmental Engineering services required – $3,300 4. Completion of electric work required – $31,400 5. Installation of light post required – $25,700 6. Installation of bath house required – $72,833.67 7. Site work – $200,000 (This is an estimate) Total Cost = $497,733.67 – This is an accurate estimate but may be slightly more or less. These numbers come from the Seller and are believed to be accurate based on bids.  (You should source your own bids to be confident during Due Diligence.) So, if your ‘Going In’ money is not as much as you’d like, use part of it to do the repairs and use part for the down payment. Leverage your buy and then contact marie@rvparksales.com for tips on getting it up and running and marketing it to bring the guests in.

Here’s YOUR opportunity to enter the RV Park ownership market in a great location in FLORIDA! LAKE PANASOFFKEE   area is very convenient to the highly populated area surrounding The Villages.  For outdoor enthusiasts, the fishing is Great and golf courses abound!  So, it’s a desirable retirement area and a welcoming spot for short term or long term tenants!