8 E Kegan Ln - Multi-Family FOR SALE


Selma, NC 27576 | 
$13,500,000 USD
252-943-5939
8 E Kegan Ln, Selma, NC for Sale
$13,500,000 USD
Multi-Family - FOR SALE
1/18
null | 7% Cap Rate

8 E Kegan Ln
Selma, NC 27576


HIGHLIGHTS

  • 162 spaces RV Park
  • Built 2020
  • 3 Miles from interstate 95

OVERVIEW

Recently Built 162 RV Park with permits to expand to 600 spaces. 32 acres for sale with the current Park occupying 12 acres. The Park is located within 3 miles of interstate 95 off Exit 95. The Park is located roughly midway between New York and Florida. All spaces are pull-through. The Park has City water and sewer and a brand new Wash House that has been rated the best in the Southeastern US. The property also provides a large Maintenance shop. The revenue over the last 8 months have exceeded 96,000 a month. With the monthly expenses averaging 17,500. This property is one of the best values to ever be offered.

FOR SALE DETAILS

PRICE

$13,500,000 USD

PRICE/SF

$6,750 USD /SF

# OF UNITS

162

PRICE/UNIT

$83,333

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Hidden Haven RV Park

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

PARKING SPACES

-

LAND DETAILS

LAND ACRES

32 AC

LAND SF

1,393,920 SF

ZONING

Industrial

APN/PARCEL ID

262300-23-9074,262300-33-0501

ASK ABOUT THIS PROPERTY

Adam O'NealO'Neal and Associates, Inc.More Info
252-943-5939

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Adam O'NealO'Neal and Associates, Inc.More Info
252-943-5939

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.