Sands Investment Group is Pleased to Exclusively Offer For Sale, Ocala Forest Campground Located at 26301 SouthEast Highway 42 in Umatilla, FL. This Deal Includes a Total of 132 Sites, Comprised of 112 RV Sites, 17 Tenant Owned Park Models (on RV sites) and 3 Park Owned Double Wide Mobile Homes. All Sites Are Sub-Metered With 30/50 Amp Full Hook Up Sites, Providing For a Secure Investment.
- 132 Total Sites: 112 RV Sites, 17 Tenant Owned Park Models (on RV sites) and 3 Park Owned Double Wide Mobile Homes
- Private Well & Sewer Plant
- Paved Roads & Some Paved Lots
- Sub-Metered Electric With 30/50-Amp Full Hook Up Sites; Service (Billed Back To Tenants)
- Additional Revenue Streams Include: Merchandise Sales, Propane Sales, Storage & Laundry
- Add Value By: Bringing Rates Up By 50% To Market Rent & Charging For Vacant TOH Park Models When Not Occupied (Current Owner Does Not Charge Rent When Tenants Are Out of Town) – Area Market Rents For RV Sites (in Umatilla) Range From $725 to $940 Per Month, Utilizing Vacant Acreage to Add More Sites Improve Management Efficiencies & Marketing to Increase Occupancy Levels
- Amenities Include: Swimming Pool, Shuffle Board, Office, Community Store, Laundry Facilities, Bath Houses, & Whole Park WI-FI included in current rates
- Great Central FL Location Between I4 and I75 With a Median Home Price of $236,904 in a 3-Mile Radius
- Pro-Forma at Conservative Market rents, Prices Out Between 11.7% Cap (At Current 75% Occupancy Rate and 50% Exp. Ratio) Up to a 14% Cap at 90% Occupancy
In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953
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