Listing Broker: Eric Wanck
Contact Eric Wanck: +1-678-932-0200

HARDEE COUNTY, FL - The MHP Broker is proud to market a unique opportunity in Zolfo Springs, FL. Located in the heartland of FL and 60 miles inland from Sarasota, FL, this RV park is permitted for 105 pads and offers a fresh slate for the savvy investor to spend minimal capital before opening its doors for business. In 2022, this park and others in the county were hit hard by Hurricane Ian, which wiped out the once-thriving business the seller had. After a year of cleanup and working with the city, Cracker Lake RV Resort is now being offered for sale.

The area has a strong demand for RV, and other park investors have quickly acquired once-devastated parks and got them back to generating money again. The park itself sits on roughly 7.8 acres with a 1-acre pond and another 10 acres of woods next to the park, which could be used for trails.

The park was originally built in 1987 and features city water and sewer. There are roughly a dozen electrical pedestals that are currently being reviewed and upgraded by ownership. Of the 105 spaces, 92 pads are cleaned up and ready for RV’s. There is a clubhouse located on the property that is used as a community center/bathhouse and office for residents, and this building will need repair prior to being opened (est. $100K to complete).

This is a unique opportunity to acquire an existing 100+ pad park on city utilities, and with some improvements to the clubhouse, you could have this operation open for business in a few months. The market pad rents for RV parks in this area range from $475 to over $1,500/month during peak season, and at just an average yearly occupancy of 65% at $575 lot rents, the park value is over $3,000,000 at an 8% cap (48% exp ratio). If you add some amenities and charge $800/month, the park would be worth $4.2M on the same occupancy and expenses. We are asking $1,900,000 for the parcels. No seller financing is offered. Please inquire with Broker for any questions or additional information.