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

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