SOLDOther
Daniel Dickson Sells Kissimmee RV Park For $4.5M
4261 Pleasant Hill Rd, Kissimmee, FL, USA
$4,500,000
$2,243/SF
Building Size
2,006 SF
Asset Type
Other
Closing
Nov 16, 2021
About this deal
AI
A 56-acre RV Park located at 4261 Pleasant Hill Rd in Kissimmee has been sold for $4,500,000. The park consists of 150 units, with a per unit price of $30,000. The sale took place on November 16, 2021.
Summary of transaction details
- Property Type: RV Park
- Transaction Amount: $4,500,000
- Address: 4261 Pleasant Hill Rd
- Market: Kissimmee
- Acres: 56
- Seller: Daniel Dickson
- Brokers: John Sheedy & Andrew Dohogne - Park Brokerage Inc
- Units: 150
- Price Per Unit: $30,000
The sale was facilitated by brokers John Sheedy and Andrew Dohogne from Park Brokerage Inc.
Players
Kissimmee Other Market Snapshot
Boundary boundary · Other · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93