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6581 River Rd - Voglte RV Park (3.98 AC) 13,200 SF Specialty Building Offered at $855,000 at a 8.47% Cap Rate in Waynesboro, GA 30830
Investment Highlights
- 33-site RV park built in 2015 with flexible monthly, weekly, and nightly rental structure.
- In-place cap rate of 8.5% with projected market cap rate of 14.65% at stabilization.
- Located near Plant Vogtle, the largest nuclear power facility in the U.S.
- Current average rent of $783/month with market rent potential of $850/month per site.
- Gross site area of ±182,516 SF (4.19 acres) with individually metered utilities.
- Expansion opportunity with adjacent 3-acre lot for 28 additional RV sites.
Executive Summary
Maxx Bauman
Matthews Real Estate Investment Services, Inc
License # 80041, 451849 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Matthews Real Estate Investment Services, Inc
License # 80041, 451849 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Property Facts
| Price | $855,000 | Lot Size | 4.19 AC |
| Price Per SF | $4.68 | Building Size | 182,516 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.47% | Year Built | 2015 |
| Property Type | Specialty | Parking Ratio | 0.18/1,000 SF |
| Property Subtype | Trailer/Camper Park | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | C 3 & 4 - C 3 & 4 | ||
| Price | $855,000 |
| Price Per SF | $4.68 |
| Sale Type | Investment |
| Cap Rate | 8.47% |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 4.19 AC |
| Building Size | 182,516 SF |
| No. Stories | 1 |
| Year Built | 2015 |
| Parking Ratio | 0.18/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C 3 & 4 - C 3 & 4 |
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6581 River Rd - Voglte RV Park (3.98 AC)
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