For Sale
$2,495,000

0 Log Lake RdHolt, FL 32564

139-unit RV resort, fully entitled.

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: The Holt RV Resort presents a fully entitled 139-unit RV park situated on over 38 acres in Holt, Florida. This Class A property, zoned C-3, boasts a compelling 7.50% cap rate and an asking price of $2,495,000 ($17,949.64 per unit). Conveniently located off I-10, exit 45, at the northeast corner of Log Lake Road, the resort benefits from high visibility and easy access. The land has already been cleared and prepared for development, with all necessary plans and permits secured. This prime location along the I-10 corridor between New Orleans and Jacksonville ensures a steady stream of travelers seeking overnight stays, capitalizing on the surge in camping popularity. Its proximity to popular beaches in Destin, Fort Walton Beach, and Navarre further enhances its appeal to tourists. This value-add opportunity is poised to capitalize on the continued growth of the RV travel market. The property's strategic location and fully permitted status make it an ideal investment for those seeking strong returns in the thriving Florida tourism sector. This is a rare opportunity to acquire a fully prepared RV resort ready for immediate development and operation.

Highlights

  • $2,495,000 Asking Price for a Value-Add investment opportunity.
  • 139-unit RV park in a Class A location.
  • 7.50% projected Cap Rate.
  • $17,949.64 Price Per Unit.
  • Located in Holt, FL (Okaloosa County), on Log Lake Rd, near I-10 exit 45.
  • Fully entitled project with all plans and permits secured.

Property Details for 0 Log Lake Rd

Property type
Mobile home & RV parks, Campgrounds
Class
A
Units
139

Location Insight

City
Holt
County
Okaloosa
State
Florida
Latitude
30.702332766915
Longitude
-86.750622645262
Log Lake Rd, Holt, Florida

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0 Log Lake Rd
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