596 Highway 317 - Specialty FOR SALE
Ashdown, AR 71822 |
596 Highway 317
Ashdown, AR 71822
HIGHLIGHTS
- Millwood Landing is a majority extended-stay membership park without an active member sales operation.
- All membership obligations remain with the seller and the property is primed and ready is primed and ready to be operated as a traditional RV park
- Market occupancy is 35-40% and market rates are $60+/night.
- Located on Millwood Lake, 20 minutes north of Texarkana and within 3 hours of Dallas and Little Rock, would have strong demand.as traditional rv park.
- Management in-place with current out-of-state owner and ready for stabilization post-membership club.
- Opportunity to grow revenue by raising rates, improving traditional occupancy, optimizing transient/extended-stay site mix, etc.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Millwood Landing Golf & RV Resort
PROPERTY TYPE
Specialty
ADD'L SUBTYPES
Parking Lot, Self Storage, Marina
TOTAL BUILDING SIZE
6068
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
24
LAND DETAILS
LAND ACRES
207 AC AC
LAND SF
9,016,920 SF
ZONING
-
APN/PARCEL ID
001-00235-000
