Alabama Wildwood RV Park

  • $3,300,000
1 2nd Street, Daleville, AL 36322, USA
For Sale New
Alabama Wildwood RV Park
1 2nd Street, Daleville, AL 36322, USA
  • $3,300,000

Description

We are delighted to extend to you the exclusive opportunity to acquire the Alabama Wildwood RV Park situated in Daleville, Alabama. Strategically located just 87 miles north of Panama City, Florida, this park boasts predominantly long-term RV tenants, making it a lucrative and stable investment opportunity.

Key highlights of the property:

Prime Location: The park is conveniently located only three miles from Fort Novosel (Rucker) Military Base, the primary helicopter flight training base for the US Army.

Occupancy Potential: There is significant upside potential in occupancy rates.

Stabilized Community: The park maintains an average occupancy of nearly 60% of developed pads, with less than 10% transient users.

Financial Projections: With the right management strategy, there is an opportunity to achieve a total operating income of $400,543 by the third year.

Recent Improvements: The current owner has made substantial capital improvements, including the construction of a new bathhouse, development of 45 pads, submetering electrical throughout the park, and replacing water and sewer lines for half of the park.

Prime Location: Situated in a picturesque riverfront location between Enterprise, AL, and Dothan, AL, the park serves as a gateway to a region with a population of over two hundred thousand residents.

Dominic Bologna (586) 524-8845

  • Address 1 2nd Street, Daleville, AL 36322, USA
  • City Daleville
  • State/county Alabama
  • Zip/Postal Code 36322

Details

Updated on May 19, 2024 at 1:31 pm
  • Property ID: 170977
  • Price: $3,300,000
  • Land Area: 21 Acres
  • Year Built: 1975
  • Property Type: RV Parks
  • Property Status: For Sale
  • Pads: 125
  • Water Type: Public
  • Electric Hookup: 30AMP, 50AMP
  • Sewer Type: Municipal
  • Cap Rate: 9.4%

Overview

Property ID: 170977
  • 125
  • Pads
  • 1975
  • Year Built
  • 21
  • Lot Acres

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Information provided in this listing is deemed reliable but not guaranteed. Prospective buyers should perform their own due diligence in verifying all facts and figures related to the property, including but not limited to zoning, property conditions, utilities, legal uses, and financials. The broker makes no representation or warranties, expressed or implied, as to the accuracy of information contained herein. Prices, terms, and availability are subject to change without notice. The listing broker is not responsible for any errors, omissions, or inaccuracies in the information provided. Buyer to verify all information to their satisfaction. This is not an offer to sell, nor a solicitation of offers to buy, in jurisdictions where such an offer or solicitation would be unlawful. All images are for illustrative purposes only and may not represent the current state of the property.

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