Courtesy of: Melissa Goduti, MarMac Real Estate - The Shoals, shoalshomeandland@gmail.com
Courtesy of: Melissa Goduti, MarMac Real Estate - The Shoals, shoalshomeandland@gmail.com
$2,490,000
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2.00 Bath (2 Full)
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Lot: 9.00 Acres
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Other
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$2,490,000
1505 Co Rd 23 Prime Investment Opportunity- 8% CAP RATE with increasing revenue monthly. Discover Florence RV Park, a prime investment property in vibrant Florence, Alabama. This thriving RV park offers a blend of stability, growth and value add. Property Highlights: Current Capacity: 29 pads with a heated saltwater pool, 6000 sq ft Dog Park, 9 Acres Expansion Potential: Permits for 20 additional pads, plus room for 20+ more. Revenue Growth: 14% increase in revenue year-to-date, with further growth potential. Management Residence: 2022 model "Marvel - 4" (56x28) with 4 bedrooms and 2 baths, ideal for a manager or as a clubhouse. Occupancy Rates: 17 monthly residents with other pads booked 75% of the time. Operating Details: Rates: Monthly $799, weekly $315. Low Operating Expenses: Contributing to high profitability. Established Business: Opened with 14 pads in 2022, expanded to 29 pads in June 2023, 2 more phases already mapped out and 20 pads perc tested & permitted for the new owner.
Courtesy of: Melissa Goduti, MarMac Real Estate - The Shoals, shoalshomeandland@gmail.com
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