Highlights

• Great Cap Rate of 11.00
• Owner financing possible
• Waiting list of campers

• City Water and Sewer, Underground Electric
• Additional land available to double park size
• Heavly treed and landscaped

Description

17.56 acres with155 RV spaces with full hookups. 30-50 amp service and 7 air conditioned cabins with kitchenettes and baths. Adjacent 27.73 acres are available for sale with all utilities at site. City water, sewer, electric, wireless internet and Olympic size pool with 6000 sq. ft. club house. Laundry room. bathhouse, restrooms, barbecue pavilion, kitchen and banquet hall, handi cap rest rooms with a free standing chapel that accomidates 75 persons. There is a double wide for management. Gross income for year 2007 is over $695,000.00 with a NOI of $409,049.00.

One mile east of Interstate 59 in the City of Picayine, Ms. New Orleans is 50 miles to the South West, Biloxi is 60 miles to the East and Hattiesburg is 60 miles to the North. Interstate 10 is 20 minutes to the South with the major roadways of Route 11,31,43,90,603 and 1090 minutes away. All major casinos are within a 60 minute drive time. There is a major shopping center within 2 miles that accomidates a Super Wal-Mart, Home Depot, Cracker Barrel, WinDixie and several banks.