For Sale
$1,050,000

11980 Shiloh RdCedar Key, FL 32625

30 RV Lots, High ROI, Gulf Coast

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents 30 luxurious RV lots in a Cedar Key, Florida RV park, available for bulk purchase at $1,050,000. Built in 2010 and renovated in 2019, this 108,000 square foot property boasts a 10% cap rate and a $105,000 NOI. Each lot offers ample space (3,600 sq ft) and the park enjoys a 95% occupancy rate during peak season (late fall to winter). The property is conveniently located just 10 minutes from downtown Cedar Key on the Gulf Coast. On-site management handles all operations, minimizing maintenance and maximizing rental income. Lots can be retained for ongoing rental income or sold individually for a potential profit. The individual lot value significantly exceeds the bulk sale price. This turnkey operation provides a hassle-free path to substantial returns, with potential for additional income through work camper rentals. The property includes 30 parking spaces, one per unit. This is a rare opportunity to acquire a well-established, high-performing RV park portfolio.

Highlights

  • 30 luxurious RV lots available for bulk purchase at Cedar Key RV Resort.
  • No maintenance required; ideal for passive income generation.
  • Short-term rentals generate daily, weekly, and monthly income; on-site management handles all operations.
  • Maximize returns by keeping lots in the continuously generating rental pool; potential for work camper rentals.
  • 95% average occupancy during peak season (late fall to winter); prime Gulf Coast location, 10 minutes from downtown Cedar Key.
  • Individual lot values significantly exceed bulk purchase price; potential for rental income or resale profit.

Property Details for 11980 Shiloh Rd

Property type
Mobile home & RV parks, Campgrounds
Square Feet
1 SF
Year Built/Renovated
2010/2019
Units
30

Location Insight

City
Cedar Key
County
Levy
State
Florida
Latitude
29.2173302
Longitude
-82.9693518
11980 Shiloh Rd, Cedar Key, Florida

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11980 Shiloh Rd
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