11932 Old Kings Rd - Specialty FOR SALE


Jacksonville, FL 32219
$6,600,000 USD
904-673-8622
11932 Old Kings Rd, Jacksonville, FL for Sale
$6,600,000 USD
Specialty - FOR SALE
1/6
null | Request Cap Rate

11932 Old Kings Rd
Jacksonville, FL 32219


HIGHLIGHTS

  • All horizontal infrastructure completed
  • Good mix of pull-thru, back-in, regular, oversized, and waterfront lots
  • 30 and 50 Amp Sites, Wifi, Security Cameras

OVERVIEW

Rare opportunity to secure a recently expanded 88-Pad RV Park in the Northside submarket of Jacksonville, FL. This year-round Park offering consists of: • 41 Pads have been successfully operating since 2021. Gross Operating Income in 2023 - $291,000 @ 85% average occupancy. • 21 additional Pads delivered Feb 2024. Gross Operating Income in 2024 - $374,000 @ 80% average occupancy. • 26 Lakefront Pads delivered Nov 2024. Proforma 2025 Gross Operating Income - $791,000 @ 80% occupancy. EXPANSION OPPORTUNITY: Phase B and C can be acquired for future development. Phase B consists of 43 Pads, and Phase C +168 Pads. Prospective Buyer can acquire the 88-Pad property or include Phase B and/or Phase C at a negotiated price.

FOR SALE DETAILS

PRICE

$6,600,000 USD

PRICE/SF

$3,943 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Crosslake RV Park

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

13.94 AC

LAND SF

607,226 SF

ZONING

AGR

APN/PARCEL ID

002604-9200

ASK ABOUT THIS PROPERTY

Simon GarwoodWarren & Company - Commercial PropertiesMore Info
904-673-8622

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Simon GarwoodWarren & Company - Commercial PropertiesMore Info
904-673-8622

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.