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King's Ferry RV Resort 70 US Highway 17

32 Unit Apartment Building $3,450,000 ($107,813/Unit) Richmond Hill, GA 31324

Investment Highlights

  • RV Park on Ogeechee River
  • Great Road Frontage across the Ogeechee River from Loves Seafood

Executive Summary

Unique Investment Opportunity – 70 US Hwy 17, Richmond Hill, GA
Located on the scenic Ogeechee River, 70 US Hwy 17 offers an exceptional 3.85-acre RV park with multiple income-generating opportunities. This well-maintained property is designed for 32 RV lots, includes a park-owned mobile home, and provides a fantastic value-add opportunity for investors seeking a cash-flowing asset with room for growth.
Property Features:
32 RV Spaces with rents ranging from $800 to $900 per month, boasting consistently high occupancy and minimal vacancies.
A 280 sq ft bathhouse for guest convenience.
144 sq ft pump house.
A 1,500 sq ft building that presents an excellent opportunity for a marina, restaurant, or fresh seafood sales, capitalizing on the riverfront location.
Includes a park-owned mobile home, offering additional rental income.
Prime Location:
Situated in Richmond Hill, GA, on the Ogeechee River, this property is perfectly positioned to attract RV travelers and vacationers looking to enjoy the beauty and activities of the Ogeechee River area. Its proximity to major highways enhances accessibility and visitor appeal.
Investment Potential:
This property delivers consistent cash flow with further upside potential through enhancements, additional amenities, or repurposing the existing structures for complementary ventures like dining or retail. There is considerable value-added potential.
Don’t miss this chance to acquire a versatile, income-producing asset in a high-demand location.

Property Facts

Price $3,450,000
Price Per Unit $107,813
Sale Type Investment
No. Units 32
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Multifamily Manufactured Housing Mobile Home Park
Lot Size 3.85 AC
Building Size 35 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1900/1973

Unit Amenities

  • Cable Ready
  • Satellite TV
  • Deck

Site Amenities

  • Clubhouse
  • Waterfront

zoning

Zoning Code B-2 (B-2)
B-2 (B-2)
  • Listing ID: 34019277

  • Date on Market: 11/27/2024

  • Last Updated:

  • Address: 70 US Highway 17, Richmond Hill, GA 31324

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