NEW PARK FOR SALE: REDUCED ASKING PRICE

Family RV Park - 72-sites, Sumter County Florida

PRINCIPALS ONLY - New Asking Price~~$1,150,000

OWNER FINANCING to qualified BUYER with 30% DOWN

Note: Which includes 7 (seven) acres with sale of park for possible future expansion 15 plus/minus acres total. Sale also includes well-maintained Park, Office, and Owner’s home, Recreation Hall, Bath House, storage buildings, workshop and numerous sheds.

This well maintained park has 54% permanent annual lease. 7 plus/or- undeveloped acres included with Park offering super future development possibilities. Great upside potential & opportunity to expand Park. Note: A formal request must be made to Sumter County for approval. Ideal location near Lake Panasoffkee. Investor opportunity near interstate & main thoroughfare with other Parks nearby that bring in even more RV's to this Park and to the area, plus commercial and industrial property nearby. Long-term and short-term tenants come back year after year and rent monthly, weekly and daily. Great opportunity to increase business & raise rents. Private well and septic. Electricity is individually metered.

2015-Projected
Income $150,000

2014
Gross Income $132,564
Expenses $ 25,264
NOI $107,300
Cap Rate 9.3%

2013
Gross Income $128,236
Expenses $24,419
NOI $103,817
Cap Rate 8.6%

Not including rental income from 20 plus RV sites that are available to be rented at this time. These sites are rented monthly, weekly and daily. Demand increases significantly during the Florida Winter Season (Dec. through April).

OWNER will consider selling park to qualified Buyer including Owner financing with 30% down!

Please sign the attached C/A Agreement (below after disclaimer) to receive all financial information & the address of this park opportunity. Thank you.

Disclaimer: The information and (all files attached) have been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Information contained herein is deemed reliable, however, is not warranted by Doug E. Rhudy, his Agents or Wm. Robert Webster Inc., A Real Estate Corporation. All offerings are subject to availability, errors, 2nd party information, change in terms and conditions without further notice.