0 Log Lake RdHolt, FL 32564

Property Details for 0 Log Lake Rd

Property type

Hospitality properties

Property subtype

Multifamily properties

Description

Exceptional investment opportunity: The Holt RV Resort presents a fully entitled 139-unit RV park situated on over 38 acres in Holt, Florida. This Class A property, zoned C-3, boasts a compelling 7.50% cap rate and an asking price of $2,495,000 ($17,949.64 per unit). Conveniently located off I-10, exit 45, at the northeast corner of Log Lake Road, the resort benefits from high visibility and easy access. The land has already been cleared and prepared for development, with all necessary plans and permits secured. This prime location along the I-10 corridor between New Orleans and Jacksonville ensures a steady stream of travelers seeking overnight stays, capitalizing on the surge in camping popularity. Its proximity to popular beaches in Destin, Fort Walton Beach, and Navarre further enhances its appeal to tourists. This value-add opportunity is poised to capitalize on the continued growth of the RV travel market. The property's strategic location and fully permitted status make it an ideal investment for those seeking strong returns in the thriving Florida tourism sector. This is a rare opportunity to acquire a fully prepared RV resort ready for immediate development and operation.

Location Insight

City

Holt

County

Okaloosa

State

Florida

Latitude

30.7023

Longitude

-86.7506

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