$1,899,000
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1505 Co Rd 23 Florence, AL 35633
General Commercial
Residence
Beds
2
Baths
1,512
Sq. Ft.
9
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Prime Investment Opportunity- 8% CAP RATE with increasing revenue monthly. Discover Florence RV Park, a prime investment property in vibrant Florence, Alabama. This thriving RV park offers a blend of stability, growth and value add. Property Highlights: Current Capacity: 29 pads with a heated sal...twater pool, 6000 sq ft Dog Park, 9 Acres Expansion Potential: Permits for 20 additional pads, plus room for 20+ more. Revenue Growth: 14% increase in revenue year-to-date, with further growth potential. Management Residence: 2022 model "Marvel - 4" (56x28) with 4 bedrooms and 2 baths, ideal for a manager or as a clubhouse. Occupancy Rates: 17 monthly residents with other pads booked 75% of the time. Operating Details: Rates: Monthly $799, weekly $315. Low Operating Expenses: Contributing to high profitability. Established Business: Opened with 14 pads in 2022, expanded to 29 pads in June 2023, 2 more phases already mapped out and 20 pads perc tested & permitted for the new owner.
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MLS#
518012
Property Type
General Commercial
Bathrooms
Year Built
2022
Square Feet
1,512
sq. ft
Lot Size
9
Sewer
Holding Tank
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