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20 Acre RV Park 4Sale in South Alabama

Bates Lake RV Park has been open for 1 year and is family owned and operated. Our campground is open 365 days per year. We have 65 full hook/up 30/50 amp sites with concrete slabs, WIFI and picnic tables. We have 5 cabins and 4 RV Rental units owned by the park. We also have 4 pop-up sites close to the bath house. The bath house features 4 individual bathrooms with showers, toilet and sink. There is also a coin operated laundry with 4 washers and 4 dryers. We also have a coin operated pool table and dartboard in the game room. There is a general store which sells sodas, candy, candy bars, ice cream, bagged ice, laundry supplies, canned goods, and RV supplies. There is also a Propane Refill station on site. We have a BBQ area, horseshoe pit, kid’s clubhouse and a playground for the kids. There is also an on-site manger’s quarters/office with kitchen located adjacent to the general store.

We are located in booming area of South Alabama. We are within 5 miles of the largest privately funded construction project in the history of the United States. There are also several other construction projects located within 10 miles of our facility. We are currently operating at capacity with a waiting list of campers who want to stay at our campground.

We have pre-approval for 160 sites from the county and state with plans already engineered and green-lighted, so if the buyer would like to expand the park, there should be very little red-tape standing in the way. We are located less than 1 mile from Bates Lake which is a great fishing spot that opens up into the Tombigbee River and the Mobile River delta. There is a great opportunity for the store to expand to serve the close-by fishing camps to sell bait and tackle.

Possible owner financing available. We are using a 13% cap rate to determine a sales price of $1,700,000