22036 US-385

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22036 US-385

Deadwood, SD 57732
Asking Price
Contact for price
Asset Type
Mobile-home-park
Class
Class B

What's Special

36 Unit Campground with recently remodeled units and an entry cash on cash return of 7.69% <p></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">Seller financing available. $1M down with the remaining balance carried by the seller at 5% interest-only for seven years</span></li></ul><p></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">Immediate financial upside day one by infilling the one modular home on-site for ~$1400/month</span></li></ul><p></p><ul><li>​<span style="color: rgba(0, 0, 0, 1)">~700k of CapEx invested in the last three years. Ownership has upgraded the sewage system,

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times