Kellenberger & Associates
Phone: 337-654-7697
Hotels and Motels For Sale in Louisiana
  • Hotels and Motels For Sale in Louisiana

Profitable RV Park

  • Listing Id: 6175
  • Broker Name: David Kellenberger, CCIM, CBB
  • Category: Hotels and Motels
  • Asking Price: $2,600,000.00
  • EBITDA: $298,000.00
  • Real Estate: $2,600,000.00
  • Cash Flow: $298,000.00
  • Inventory: $1,000.00
  • No. Of Full-Time Employees: N/A
  • No. Of Part-Time Employees: N/A
  • Gross Income: $589,000.00
  • FF&E: $30,000.00
  • Year Built: N/A
  • Address: Click Here
  • Zip Code: Click Here
  • City: New Iberia
  • State: LA
  • Country: United States
  • Tenancy: Single
  • Occupancy: N/A
  • Lot Size: N/A
  • Available: Yes
Description

Beautiful RV park located on frontage road of Highway 90 in New Iberia. Includes large fishing lake, pool, bath house, laundry facilities. 30 and 50 amp hookups. City water, power, internet, cable, 3 sewage treatment plants.
ROI is calculated at 11.5% at less than 50% occupancy. Room to expand. Great investment and with highway 90 planned for an extension of I-49 this park can only get better. Easy to operate. Management in place.

Financial Summary

N/A

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