Woody's Campground by the Lake
 
40 Floyd Street,
Rudd, IA 50471
 
$199,750
Offering Price
12
Number of Lots
10.70%
Cap Rate
1
Number of Acres
7.11
GRM
 
 
$199,750
Offering Price
12
Number of Lots
10.70%
Cap Rate
1
Number of Acres
7.11
GRM
 
 
Investment Overview
  • Woody's Campground by the Lake is a recently constructed hidden gem offering new ownership substantial upside. This 12 lot RV Park was constructed in 2021 and designed to accommodate both short term and long term patrons. Each RV lot features cement pads and full utility hookups, including sanitary. Monthly rates are currently set at $390, following a $5 increase from the previous year. This property has low overhead costs and minimal maintenance needs, which offers new ownership considerable upside.
  • Management in Place: Ownership has an onsite manager in place to assist with day to day operations in exchange for free lot rent.
12 RV Pad Descriptions
  • All sites are 10' x 40'. All but one pad are concrete.
  • Utilities at the pad include: - Water - Electricity - Sewer Run (PVC) All of these utilities were put in place in 2020.
Nearby Amenities
  • Woody's is situated adjacent to a City operated park and lake, the following public amenities are available:
  • 11+ acre lake with walk-in beachfront, 3 fishing jetties and a boat ramp
  • 0.25 acre vehicle/boat parking lot
  • 1 mile (+/-) asphalt paved walking/biking trail
  • Children's Playground
  • Frisbee Golf Course
Utilities and Infrastructure
  • The property is served by public utilities, with the exception of sanitary (single 3,000G septic tank). Current ownership is responsible for all utilities.
Rudd, IA
  • Rudd, IA is located along Highway 18 (Avenue of the Saints) between Mason City and Charles City, 20 miles east of Interstate 35. Within driving distance, there are several metro areas, including: Mason City (15 miles), Charles City (15 miles), Waterloo/Cedar Falls (65 miles), and Des Moines (133 miles).
FOR MORE DETAILS CONTACT
Jason Bergan
Broker
(563) 880-9679
jbergan@c21sre.com
S65228000 (IA)
Noah Casterton
Broker
(715) 557-0651
noah@c21sre.com
S70126000 (IA), 40835623 (MN), and 111468-94 (WI)
Drew Vlazny
Broker
(563) 880-6200
drew@c21sre.com
20220468 (NE)