Waterfront RV Park

Special Purpose for Sale
Catylist Listing ID: 30557371
Building Size (RSF): 864 SF
Gross Building Area: See Agent
Gross Land Area: 5.82 SF
Sale Price: $2,246,739
Ceiling: 8 ft.
Property Use Type: Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 8.0%
Last Updated: 10/15/2020

Overview / Comments

Welcome to very well kept Johnston Landing, pictures were taken 06/22/2020 so their very up to date! As of 06/22/2020, the campground is almost full! Vacationers are liking the open spaces of these RV parks vs. staying in close quarter motels for their vacations! This 62 site well established campground is located on the shores of 60,400 acre Lake Moultrie which is well known for its great fishing! The RV Park has three boat launch ramps. There is approximately 480 foot of dock-age and 28 boat slips. Each campsite has both 30 & 50 amp. service and full hookups for water and sewer. There are 3 waterfront view rental cabins and one park model within the Park. The campground features a combination separate laundry facility/private bath and restroom facility. The office features a small retail section. The Park also rents kayaks and sells firewood and propane. Occupancy rates typically run between 92% and 100% years round. This property is a commercial lease with Santee Cooper and this lease is set to expire in 2054 and should be renewable after that date. This is a very rare opportunity to purchase a premier campground that has enlargement opportunities! Listing Realtor to be at all showings and owner requests a 24 hour notice to show. Owner may entertain seller financing. This campground is serviced by its own DHEC approved/inspected water well and their is Berkeley County municipal water at the road. Sewer servicing the Park is septic and deeded property TMS 0420001076 included with this transaction which serves at the septic field with enough remaining area for future reserve area if ever needed. There are no long term rental agreements with this park and rental periods are on a month to month basis or daily if vacancies exist. This is a very well maintained RV Park!

Additional Details

Nearest MSA: Charleston-North Charleston
County: Berkeley
Submarket/Township: 75 - Rural: Cross/St.Stephens/Bonneau
Taxing Authority: Berkeley County
Tax ID/APN: 0420001077
Zoning: RNC - Rural and Neighborhood Commercial District
Property Located Between: 311 & 45
Property Visibility: Good
Largest Nearby Street: 45
Feet of Frontage: 703
Highway Access: Closest Highway is I26 with more than one access off of I26 to this property
Airports: Charleston International Airport - 18 miles
Site Description: RV Park is located on a channel with direct access to Lake Moultrie. Most sites are waterfront.
Area Description: Rural area with inland/lake front homes and some commercial in the area.
Total Number of Buildings: 8
Number of Stories: 1
Property Condition: Good
Year Built: 1999
Roof Type: Flat
Construction/Siding: Modular
Exterior Description: Varies with structure
Parking Type: Surface
Parking Description: All gravel road servicing the park
Sprinklers: None
Heat Type: Propane
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Office is modular construction, three rental cabins were custom built as was the bath/laundry building
Zoning Description: Commercial Santee Cooper Lease

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,258 4,605
Median Age: 45.05 44.05
Households: 911 1,852

Contact

Photograph of Listing Agent

Raymond E Strzalkowski

ERA Wilder Realty, Inc SCCMLS Member
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