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11951 Southwest Shiloh Road
Cedar Key, FL 32625
Asking Price
$3.80M
Cap Rate
5.68%
Asset Type
RV Park Multifamily
Class
Class B
What's Special
Central Florida Established EXPANDABLE RV Park! <p>Long Established RV Park close to Cedar Key, FL</p><p>Expansion possibility on 20 acres adjacent (included in price) , level and easily developed.</p><p>A portion of the park is long term monthlies. Each site metered. Tenant pays electric bill.</p><p></p>
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NOI
$80,000
Cap Rate
2.11%
DSCR
0.35
Underwater
Cash-on-Cash
-12.77%
Monthly Payment
$18,800.327
Annual Cash Flow
$-145,603.92