Description
Here is a great opportunity to purchase an income producing RV Park that still has potential to grow and increase revenue. Currently 68 full hookups, 5 tiny homes and 4 cabins 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. 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.
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1BEDS
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8.5ACRES
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1BATHS
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01/2 BATHS
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480SQFT
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$1,875$/SQFT
School Information
Description
Here is a great opportunity to purchase an income producing RV Park that still has potential to grow and increase revenue. Currently 68 full hookups, 5 tiny homes and 4 cabins 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. 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.
Listing information © 2024 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS or The Kim and Brian Team at RE/MAX Paradise. Data last updated 2024-09-19T07:28:01.703.