Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.3%
- Listing ID: 1694714
- Posted On: Jun 20, 2022
- Updated On: Mar 16, 2023
Description
The Lamp Camp RV & Campground located in Long Beach, Washington (Pacific County) that features 100 feet of oceanfront! This turnkey property includes 17 full hookup RV hookup sites along with 14 dry sites that sit on approximately 4 acres.
This is a highly coveted location as is one of the only RV/Camp sites in the area to have direct ocean access as well as a great social media presence, brand website and reservation software all included in the sale.
Location
Access to the property is off primary US-30 from I-5 approximately 2-hour drive from Portland and 1.5-hour drive from Longview, WA (49 miles from Astoria, OR and a 2-hour drive from Olympia).
Amenities
- Storage
- Club House
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
Community Type: | All Age |
Number of MH Lots: | 32 |
Total Occupancy: | 100.0 % |
Year Built: | 1970 |
Size: | 4 acre(s) |
Financial Information (Actual)
Gross Income: | $269,242 |
Operating Expense: | $54,871 |
Net Operating Income: | $200,909 |
Expense Ratio: | 20.4 % |
RV Information
Number of RV Lots: | 16 |
Utility Information
Water: | Well |
Water Paid By: | Park |
Sewer: | Septic |
Park-Owned Homes
Number of Park-owned Homes: | 1 |
Average Rent for Park-owned Homes: | $1,400 |