JTACR Real Estate Group is pleased to present GTL Paris RV Park – a stabilized, fully turnkey business opportunity situated on the 4 lane US Highway
271.
The property offers a wide range of rental options for customers, ranging from standard RV sites, tiny home rentals, mobile home rentals,
storage units, covered RV sites, efficiency apartments, and an extra-large two-story suite with game room, loft and more (“The Castle”).
These 100 rental units are comprised of 59 RV spaces, 14 park-owned RVs, 7 park-owned tiny home/mobile homes, 1 park-owned 2-story home, 2 apartments,
11 covered RV spaces, and 6 storage units.
The park operates on city water and private septic. Utilities such as propane and electricity are paid for by
the park and billed to residents.
The current on-site park and maintenance managers are both willing to stay on board after the park sells.
This opportunity is an ideal portfolio addition for local and / or regional operators but has the stability and systems in place for a national operator.
Priced at a 10% capitalization rate, the property offers immediate cash flows based on current lender terms.