11932 Old Kings Rd - Crosslake RV
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11932 Old Kings Rd - Crosslake RV
1,674 SF Speciality Building Offered at £5,198,820 in Jacksonville, FL 32219
Investment Highlights
- All horizontal infrastructure completed
- 30 and 50 Amp Sites, Wifi, Security Cameras
- Good mix of pull-thru, back-in, regular, oversized, and waterfront lots
Executive Summary
Rare opportunity to secure a recently expanded 88-Pad RV Park in the Northside submarket of Jacksonville, FL.
This year-round Park offering consists of:
• 41 Pads have been successfully operating since 2021. Gross Operating Income in 2023 - $291,000 @ 85% average occupancy.
• 21 additional Pads delivered Feb 2024. Gross Operating Income in 2024 - $374,000 @ 80% average occupancy.
• 26 Lakefront Pads delivered Nov 2024. Proforma 2025 Gross Operating Income - $791,000 @ 80% occupancy.
EXPANSION OPPORTUNITY:
Phase B and C can be acquired for future development. Phase B consists of 43 Pads, and Phase C +168 Pads. Prospective Buyer can acquire the 88-Pad property or include Phase B and/or Phase C at a negotiated price.
This year-round Park offering consists of:
• 41 Pads have been successfully operating since 2021. Gross Operating Income in 2023 - $291,000 @ 85% average occupancy.
• 21 additional Pads delivered Feb 2024. Gross Operating Income in 2024 - $374,000 @ 80% average occupancy.
• 26 Lakefront Pads delivered Nov 2024. Proforma 2025 Gross Operating Income - $791,000 @ 80% occupancy.
EXPANSION OPPORTUNITY:
Phase B and C can be acquired for future development. Phase B consists of 43 Pads, and Phase C +168 Pads. Prospective Buyer can acquire the 88-Pad property or include Phase B and/or Phase C at a negotiated price.
Property Facts
| Price | £5,198,820 | Lot Size | 13.94 AC |
| Price Per SF | £3,106 | Building Size | 1,674 SF |
| Sale Type | Investment or Owner User | Number of Floors | 1 |
| Property Type | Speciality | Year Built | 2021 |
| Property Subtype | Trailer/Camper Park |
| Price | £5,198,820 |
| Price Per SF | £3,106 |
| Sale Type | Investment or Owner User |
| Property Type | Speciality |
| Property Subtype | Trailer/Camper Park |
| Lot Size | 13.94 AC |
| Building Size | 1,674 SF |
| Number of Floors | 1 |
| Year Built | 2021 |
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zoning
| Zoning Code | AGR |
| AGR |
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11932 Old Kings Rd - Crosslake RV
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