The sale of the 72 space RV park for sale in Ventura County was sold and competed on October 20, 2009. Vince Reynolds and Norman Sangalang of MHRV Advisors represent the buyer and seller in this RV Park for sale. The terms of the RV Park sale was all cash for the improvements only at $7,222 per space as the RV Park was on a ground lease. There was also substantial amount of acreage for tent camping and dry camping.
The RV Park and Campground is located on 70 acres subject to a ground lease with the County of Ventura. The park has 16 full hookup RV spaces, 56 RV spaces with water and electric hookups, a large tent camping area and clubhouse.
"Its hard to believe, but there are only 5 other RV parks in Ventura County, everything is Government owned. The buyer is a veteran of the RV Park & Campground industry and knows the attraction of an RV park to the Gold Coast even if it’s in 12 miles from the actual coastline." said Reynolds
Sangalang added, "This transaction had its obstacles, we had to negotiate the purchase price and terms which was impacted by the lengthy county lease-assumption approval process. However, the buyer was patient and was able to establish a great relationship with the county. Because of their background and the location of the RV park, I believe there are going to have a very successful RV Park and Campground.
MHRV Advisors is the leading park brokers specializing in Mobile Home Parks For Sale, Park Financing Loans in addition to RV parks for sale & loans throughout the counties of California, Arizona and Nevada and have personally sold or refinanced 100’s of Mobile Home Parks and RV Parks since 1993. For further information please contact MHRV Advisors at (858) 456-5110 or http://www.mhrvadvisors.com
http://www.mhrvadvisors.com/
