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7918 US-70

1,000 SF Speciality Building Offered at £1,384,695 at a 8.87% Net Initial Yield in North Little Rock, AR 72117

Investment Highlights

  • High volume TURNKEY RV Park. Rare opportunity to own a thriving business. Manager onsite with living quarters,
  • Park has had complete remodel. Onsight management with housing already in place.
  • On average the park stays 90% full monthly. Park is centrally located in North Little Rock with easy access to the major interstate artery.
  • 60 RV rental pads. Full Utilities to all pads
  • Rental home has been updated. 10% growth pattern indicated for 2023. Expansion onsite for additional drive through sites available.
  • Full bathrooms with showers onsite. Property manager can remain employed and onsite if needed.

Executive Summary

High volume TURNKEY RV Park. Rare opportunity to own a thriving business. Manager on site with living quarters.

Attachments

NLR_RV_Park _3_-NEW

Property Facts

Price £1,384,695 Building Class B
Price Per SF £1,385 Lot Size 3.22 AC
Sale Type Investment Building Size 1,000 SF
Net Initial Yield 8.87% Number of Floors 1
Property Type Speciality Year Built 1990
Property Subtype Trailer/Camper Park
Price £1,384,695
Price Per SF £1,385
Sale Type Investment
Net Initial Yield 8.87%
Property Type Speciality
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 3.22 AC
Building Size 1,000 SF
Number of Floors 1
Year Built 1990

Amenities

  • Property Manager on Site
  • Signage

Links

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PROPERTY TAXES

Parcel Number 23R-014-06-068-00 Improvements Assessment £102,305
Land Assessment £9,025 Total Assessment £111,330

PROPERTY TAXES

Parcel Number
23R-014-06-068-00
Land Assessment
£9,025
Improvements Assessment
£102,305
Total Assessment
£111,330

zoning

Zoning Code Tailer/ RV Park (Trailer/ TV Park)
Tailer/ RV Park (Trailer/ TV Park)
(501) 912-3660

  • Listing ID: 28497450

  • Date on Market: 16/05/2023

  • Last Updated:

  • Address: 7918 US-70, North Little Rock, AR 72117

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Connect with us

© 2024 CoStar Group

7918 US-70
(501) 912-3660 x

7918 US-70

Nathan Hutchins

(501) 912-3660

(501) 912-3660

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