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Real Estate
North Bay Shore Campground — Virginia Beach
120-unit waterfront campground and RV park with entitled expansion.
Virginia Beach, Virginia· RV Park & Campground
Opportunity teaser
Public Crexi listing states a $4.8M asking price, 120 units, $340,228 NOI, a 7.09% cap rate, and 100 additional RV sites entitled.
Why it may be interesting
Waterfront/marina revenue components and identified entitlement upside.
Risks and open questions
Broker-supplied information; financials, occupancy, title, permits and entitlement status require diligence; no authorization is confirmed.
Key figures
- Price
- $4.8M
- NOI
- $340.23K
- Cap rate
- 0.07%
- Occupancy
- —
- Units
- 120
- Asset class
- RV Park
- Geography
- Virginia Beach, Virginia
Disclosure
Curated from a public Crexi page. Merge & Acquire is not the listing broker; availability and all figures are broker/owner supplied.