We are delighted to offer an exceptional investment opportunity within the fast-expanding RV park
market: a 36 Pad RV Development situated at 1914 County Rd 470, Lake Panasoffkee, FL 33538. This
proposition stands out as a unique chance to secure a property with immense potential for both income
generation and capital growth. Positioned to become a sought-after destination for RV enthusiasts, the
development promises quality, convenience, and proximity to a plethora of outdoor activities.
Each pad is projected to generate $600 in monthly rental income or $275 weekly. The park in its completed form would
be valued at around $2.52M ($70,000 each pad). This offers a dual opportunity: investors can either capitalize on immediate
income through rentals or pursue selling the fully finished 36 Pad RV Park.
1914 N C-470, Lake Panasoffkee, FL, 33538
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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