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7918 US-70

1,000 SF Specialty Building Offered at $1,755,000 at a 8.87% Cap Rate in North Little Rock, AR 72117

Investment Highlights

  • High volume TURNKEY RV Park. Rare opportunity to own a thriving business. Manager onsite with living quarters,
  • Park has had complete remodel. Onsight management with housing already in place.
  • On average the park stays 90% full monthly. Park is centrally located in North Little Rock with easy access to the major interstate artery.
  • 60 RV rental pads. Full Utilities to all pads
  • Rental home has been updated. 10% growth pattern indicated for 2023. Expansion onsite for additional drive through sites available.
  • Full bathrooms with showers onsite. Property manager can remain employed and onsite if needed.

Executive Summary

High volume TURNKEY RV Park. Rare opportunity to own a thriving business. Manager on site with living quarters.

Property Facts

Price $1,755,000
Price Per SF $1,755
Sale Type Investment
Cap Rate 8.87%
Property Type Specialty
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 3.22 AC
Building Size 1,000 SF
No. Stories 1
Year Built 1990

Amenities

  • Property Manager on Site
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23R-014-06-068-00
Land Assessment
$11,424
Improvements Assessment
$129,498
Total Assessment
$140,922

zoning

Zoning Code Tailer/ RV Park (Trailer/ TV Park)
Tailer/ RV Park (Trailer/ TV Park)
  • Listing ID: 28497450

  • Date on Market: 5/16/2023

  • Last Updated:

  • Address: 7918 US-70, North Little Rock, AR 72117

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