Sterling Winds MHP & RV Brokerage Represents Buyer In $6.8M Sale Of Preble Country, OH RV Park
Preble County, Ohio, US
$6,800,000
Building Size
—
Asset Type
Other
Closing
Dec 28, 2023
AI
An RV Park located in Preble Country, OH, has been sold for a price of $6,800,000. The transaction took place on 12/28/2023. The park consists of 246 units, resulting in a price per unit of $27,642.
Summary of transaction details
- Property Type: RV Park
- Transaction Amount: $6,800,000
- Units: 246
- Price Per Unit: $27,642
- Market: Preble Country, OH
The sale of this RV Park was handled by the brokerage team of Drew Greenbaum, Gabe Fischer, and Eli Landes from Sterling Winds MHP & RV Brokerage. The team prides themselves on being hungry young professionals with a wide network of owners across the country. As specialists in off-market deals, they are the ideal choice for anyone interested in buying or selling Mobile Home Parks, RV Parks, or campgrounds. If you wish to explore opportunities in this market, you can contact them at 914-552-3013.
Players
Connett 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
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93