🚩Waynesboro, GA | 🏢 RV / Trailer Park @ 10.3 Cap Rate 🔨

Description

PACKAGE OF 3 RV SITES
10.3 CAP @ Price: $2,150,000

Cash flow day #1 with this package of #3 RV parks. In Waynesboro, GA you will find these parks that have long term yearly tenants. The park is conveniently located just down the road from Vogtle Nuclear Plant where the Majority of the tenants work at.

120 Total RV/Camper Sites (78 TOH) (14 POH) (28 RV Sites)
TOH are owned by one guy. He rents them for 1500-1600 & pays electricity & Lot Rent $400 to owner
Market:
38 Minutes South of Augusta, GA (Population Metro – 611,000)
2 miles from – Alvin W. Vogtle Electric Generating Plan
Site #1:
74 Total Sites
60 trailer sites (TOH) ($400/ per site) ($24k/mnth)($288k/year) (1 guy owns all these trailers)
14 trailer sites (POH) ($1k/ per site) ($12k/mnth)($168k/ year)
12-14 acres (Some acreage & personal home will be subdivided)
Well & Septic: 1 Well 7-8 Septic Tanks
Owner owns land/ sites plus 14 trailers. Investor owns 60 trailers & pays the owner lot rent.
Owner pays for water (well) & trailer owner pays for electricity

Site #2:
37 Total Sites
9 trailer sites (TOH) ($400/ per site) ($3,600/mnth) ($43,200/year) (1 guy owns all these trailers)
28 RV sites ($400/mnth) 4 currently occupied
4 Acres
1 well 4 Septic tanks
Owner owns land/ sites #28.
Investor owns 9 trailers & pays the owner lot rent.
Owner pays for water (well) & trailer owner pays for electricity

Site #3:
9 Total Sites
9 Trailer Sites (TOH)(400/per site) ($3,600/mnth)($43,200/year) (1 guy owns all these trailers)
2 acres
1 well & 1 septic
Owner owns land/ sites #28.
Investor owns 9 trailers & pays the owner lot rent.
Owner pays for water (well) & trailer owner pays for electricity