RV Park
Cedar Key RV Resort
11980 SW Shiloh Rd, Cedar Key, FL 32625
Listing Price: $3,550,000
Cap Rate
6.80%
Number of Spaces
52
Lot Size
30.81 acres
Occupancy
80.0%
Price/Space
$68,269
Spaces/Acre
1.69
Year Built
2009
Investment Overview
52 RV spaces and 80 fully entitled and developable RV lots on 11.54 acres in Cedar Key, FL (Gainesville MSA)
Cedar Key RV Resort
Investment Highlights
- 52 RV spaces and 80 fully entitled and developable RV lots on 11.54 acres in Cedar Key, FL (Gainesville MSA)
- 52 RV spaces represent 52.53% stake of 99 space co-op property
- Price per space is 80% of recent individual sales with a 33.9% available via post-developed lot sales
- 10.87% total return available via improved park operations, 58.79% from post-developed lots and 27.07% when blended
- Located ten minutes from Cedar Key, an Old FL tourist destination and national historic site
- In-place amenities including pool, clubhouse, bathhouse, laundry, pickleball and more
- One hour to Gainesville Regional Airport and two hours from Tampa International Airport
Exclusively Listed By
Financing By
Listing Price: $3,550,000
Cap Rate
6.80%
Number of Spaces
52
Lot Size
30.81 acres
Occupancy
80.0%
Price/Space
$68,269
Spaces/Acre
1.69
Year Built
2009
Investment Highlights
- 52 RV spaces and 80 fully entitled and developable RV lots on 11.54 acres in Cedar Key, FL (Gainesville MSA)
- 52 RV spaces represent 52.53% stake of 99 space co-op property
- Price per space is 80% of recent individual sales with a 33.9% available via post-developed lot sales
- 10.87% total return available via improved park operations, 58.79% from post-developed lots and 27.07% when blended
- Located ten minutes from Cedar Key, an Old FL tourist destination and national historic site
- In-place amenities including pool, clubhouse, bathhouse, laundry, pickleball and more
- One hour to Gainesville Regional Airport and two hours from Tampa International Airport
Investment Overview
52 RV spaces and 80 fully entitled and developable RV lots on 11.54 acres in Cedar Key, FL (Gainesville MSA)
Exclusively Listed By
Financing By
