Properties

Save
Ask
Tour
Hide
Share
$1,899,000
104 Days On Site

1505 Co Rd 23
Florence, AL

For Sale|Commercial Sale|Active
0
Beds
2
Full Baths
0
Partial Baths
1,512
SqFt
$1,256
/SqFt
2022
Built
Subdivision:
None
County:
Lauderdale

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 256-841-5657
Is this the home for you? We can help make it yours.
256-841-5657
1505 Co Rd 231505 Co Rd 231505 Co Rd 231505 Co Rd 23
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,899,000
Days On Site 
104 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,512 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
9 Acres
Year Built 
2022
MLS® Number 
518012
Status 
Active
Property Tax 
$1,103.2
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Acres 
9
Number Of Stories 
1
Parking 
RV Gated
Sewer 
Septic Tank
SqFt Above 
1512
SqFt Total 
1512
Utilities 
Electricity Connected
Save
Ask
Tour
Hide
Share
Exterior Features
Other Structures 
RV/Boat Storage
Road Frontage 
County Road
Community Features
Roads 
Asphalt
Schools
School District
Unknown
Elementary School
Florence
Middle School
Florence
High School
Florence
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is deemed reliable but is not guaranteed accurate by the MLS. Source: Cullman Association of Realtors MLS

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share