For Sale
$2,750,000

9429 Us Highway 27 Fort White, FL 32038

Turnkey RV Park, High Occupancy, Strong ROI

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity: Sweetwater Campground, a fully entitled 14-unit turnkey RV park in Fort White, Florida (32038), is now available for $2,750,000. This Class B property boasts a 75% occupancy rate, generating a Pro-Forma NOI of $328,056 and a Pro-Forma Cap Rate of 11.93%. Situated on 2 acres near the popular Ichetucknee Springs, this prime location ensures high demand. The property includes 14 fully furnished cabins, offering immediate revenue generation from camping fees and potential for additional amenities. The property is zoned A-3 and features a convenient location on 9429 SW US Highway 27. The asking price of $2,750,000 equates to $196,428.57 per unit. This turnkey operation presents a compelling investment opportunity with a strong potential for return. Fully entitled plans and land-only options are also available. The APN is 29-6S-16-03969-005. This is a rare opportunity to acquire a thriving RV park in a desirable location.

Highlights

  • $2,750,000 asking price for this 14-unit RV park.
  • Multifamily, Class B RV park investment opportunity.
  • 11.93% pro-forma cap rate with $328,056 pro-forma NOI.
  • 75% occupancy rate.
  • Located on 2 acres in Fort White, FL (APN: 29-6S-16-03969-005), near Ichetucknee Springs.
  • Zoned A-3.

Property Details for 9429 Us Highway 27

Property type
Mobile home & RV parks, Campgrounds
Class
B
Lot Size (sq. ft)
87,120 SF
Units
14

Location Insight

City
Fort White
County
Columbia
State
Florida
Latitude
29.938971
Longitude
-82.736441

FAQs

What type of property is this?
Mobile home & RV park - Turnkey RV Park, High Occupancy, Strong ROI
Where is the mobile home & rv park located?
The property is located at 9429 Us Highway 27 Fort White, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: $2,750,000 asking price for this 14-unit RV park.; Multifamily, Class B RV park investment opportunity.; 11.93% pro-forma cap rate with $328,056 pro-forma NOI.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
9429 Us Highway 27
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message