Little Sugar RV and Glamping Resort FOR SALE


Bella Vista, AR
$3,200,000 USD
479-246-8032
, Bella Vista, AR for Sale
$3,200,000 USD
FOR SALE
1/4
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Little Sugar RV and Glamping Resort
Bella Vista, AR


HIGHLIGHTS

  • Cap Rate of 17.65% based on $3M NOI Proforma
  • Development opportunity | Shovel Ready fully Entitled
  • The owner is willing to stay on as a partner/development partner if needed.
  • The property will be beautifully landscaped featuring a live stream and pond.
  • The Project will consist of approximately 185 Class-A Recreational Vehicle park situated on a 20.25 acre site.
  • The final unit mix will be adapted to achieve maximum returns while providing guests with an enjoyable, and unique experience.

OVERVIEW

Key Ventures, is pleased to present the opportunity to acquire The Little Sugar RV Park & Glamping Resort development opportunity in NWA The site’s shovel ready status provides the right developer the ability to immediately start construction in a unique and premium site. The owner has completed construction drawing, permits, and Large-scale development plans approved by the city. The opportunity consists of 190 units, directly adjacent to biking trails, pool, pickle ball courts, water features, and pond. Situated on the boarder of Gravette and Bella Vista with almost 800’ of frontage on State Highway 279 and connects directly to the bike trail system The site is conveniently located with easy access to all that Northwest Arkansas has to offer. An area that has rapidly become one of the fastest growing in the US due to the incredible natural beauty, quality of life, world class attractions such as Crystal Bridges & extensive mountain biking trail system, and strong economy anchored by major corporations like Walmart and Tyson Foods. The region offers a high quality of life with urban amenities and natural beauty, including the Ozark Mountains and nearby lakes. Constructions costs are presented with and without development of the 9,000 sf commercial building (as will likely be broken out into a separate project). All Letters of Intent are to be accompanied by proof of funds. ** The owner is willing to stay on as a partner/development partner if needed. SHOVEL READY DEVELOPMENT OPPORTUNITY •190 Units •9,000 sf Commercial building (optional) •Shovel Ready site – Permits pulled •Balanced Unit Mix •$9,500,000 Total Construction Costs (RV Park Only) / $14,169,000 Total Construction Cost if Commercial building is included PROJECTED CASHFLOW •The property has a projected gross income of $4,000,000 and a net operating income of $3,000,000. • Proforma based on ~50% occupancy

ASK ABOUT THIS PROPERTY

Bobby HoffmannKey Ventures LLCMore Info
479-246-8032

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Bobby HoffmannKey Ventures LLCMore Info
479-246-8032

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