AL
Lauderdale
Florence
35633
1505 Co Rd 23
1505 Co Rd 23, Florence, AL 35633
Listing Type
Commercial/Industrial
Listing Status
active
5
$1,899,000

Home Details for 1505 Co Rd 23

Price
$1,899,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
2.0
Square feet
1512
Year built
2022
Lot size acres
9
County
Lauderdale
Total rooms
8
Garage
Days on site
217
MLS Listing#
518012
Listing Courtesy: Marmac Real Estate - The Shoals - 256-349-5874
Property Description

Prime Investment Opportunity- 8% CAP RATE with increasing revenue monthly. Discover Florence RV Park, a prime investment property in vibrant Florence, Alabama. This thriving RV park offers a blend of stability, growth and value add. Property Highlights: Current Capacity: 29 pads with a heated saltwater pool, 6000 sq ft Dog Park, 9 Acres Expansion Potential: Permits for 20 additional pads, plus room for 20+ more. Revenue Growth: 14% increase in revenue year-to-date, with further growth potential. Management Residence: 2022 model "Marvel - 4" (56x28) with 4 bedrooms and 2 baths, ideal for a manager or as a clubhouse. Occupancy Rates: 17 monthly residents with other pads booked 75% of the time. Operating Details: Rates: Monthly $799, weekly $315. Low Operating Expenses: Contributing to high profitability. Established Business: Opened with 14 pads in 2022, expanded to 29 pads in June 2023, 2 more phases already mapped out and 20 pads perc tested & permitted for the new owner.

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Property Features
  • Utilities
    • Electricity Connected
  • Parking
    • RV Gated
School Information
School Information for 1505 Co Rd 23, Florence, AL 35633
Elementary School
Florence
Middle School
Florence
High School
Florence
. Presented by: Melissa Goduti
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EXIT RIVER CITY REALTY
4221 Huntsville Road, Florence, AL 35630
Office
256 284 7781
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