The part that makes this rare
The seller is financing the large majority of the purchase price at 0% on a very long amortisation with a ten year balloon and a refinance contingency. The monthly seller payment is small.
The business runs with no payroll and very low operating costs, and the owner is willing to stay on as property manager.
Roughly 90% of revenue comes from only 30% of the acreage. The rest is room for more full hook-up RV pads, mobile home pads, cabins, self-storage or a food and beer concept, subject to zoning verification.
The full structure and current figures are in the package behind the agreement. Buyers should complete their own due diligence.
At a glance
| Business | RV park and campgroundRV sites, cabins, tent sites, event space, paid recreation |
|---|---|
| Location | North Central IndianaHighway frontage with dual access; exact market disclosed after NDA |
| Acreage | 65 acresOriginally developed as a golf course |
| Purchase price | $2,500,000 |
| Operations | Year-roundNo payroll, owner willing to stay as manager |
| Seller financing | 0% interest, 10 year balloon |
| Down payment to seller | |
| Monthly NOI | |
| Monthly cash flow after debt | |
| Earnest money | Deposited after inspection, contingent upon appraisal |
Where the upside is
Who this fits
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