Property Summary - RV Park Store Hollow Resort Truma… · Property Summary . Offered at $895,000 ....

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1 Property Summary Offered at $895,000 Contact: Chuck Gray, Re/Max Truman Lake, (660) 525-0393 Hickory Hollow Resort & RV Park 158 SE State Route PP Tightwad, Missouri 64735 http://www.hickoryhollowresort.com 35.84 Subject site acres m/l RV Sites 86 full hook up annual RV sites Overnight 4- overnight full hook up sites Cabins 16 cabins Lodge Sleeps 12 – 15 & Store/laundry/office/stockroom Storage Units 2- building total of 20- boat storage units Pool Pool & coin laundry Zoning No zoning located in Henry County Topography Rolling hills, native trees, plants and grasses Roads Approximately 1.25 miles of interior roads Street State highway PP along west property line Paved Road Electric Public Utility. Gas Liquid propane, private Water Two private wells pumping @ 85 gallons per minute Sewer 13 private septic systems with drain fields Overview 35.84 acres m/l that contains approximately 14 acres of undeveloped land, there are 10 acres m/l which potentially could be developed into additional RV or cabin sites. RV Sites 86 RV sites with full hookups all have 30 amp service and 25 sites with 50 amp service. All but 4 of the 86 sites are rented on an annual basis. Each site has own electric meter, tenant pays .19 cents per kilowatt. Average seasonal site rent $900 annually, season is March 1 to November 31. Area Near Truman Lake within 10 miles of 3-marina/boat ramps. Truman Lake is a Army Corp of Engineer Lake consisting of 55,000 acres surface water 950 miles of shoreline, surrounded by 110 acres of public use land. Truman Lake and Lake of the Ozarks join at the dam in Warsaw MO approximately 15 miles form subject property.

Transcript of Property Summary - RV Park Store Hollow Resort Truma… · Property Summary . Offered at $895,000 ....

Page 1: Property Summary - RV Park Store Hollow Resort Truma… · Property Summary . Offered at $895,000 . ... Lodge Sleeps 12 ... Truman Lake and Lake of the Ozarks join at the dam in Warsaw

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Property Summary

Offered at $895,000

Contact: Chuck Gray, Re/Max Truman Lake, (660) 525-0393 Hickory Hollow Resort & RV Park 158 SE State Route PP Tightwad, Missouri 64735

http://www.hickoryhollowresort.com 35.84 Subject site acres m/l RV Sites 86 full hook up annual RV sites Overnight 4- overnight full hook up sites Cabins 16 cabins Lodge Sleeps 12 – 15 & Store/laundry/office/stockroom Storage Units 2- building total of 20- boat storage units Pool Pool & coin laundry Zoning No zoning located in Henry County Topography Rolling hills, native trees, plants and grasses Roads Approximately 1.25 miles of interior roads Street State highway PP along west property line Paved Road Electric Public Utility. Gas Liquid propane, private Water Two private wells pumping @ 85 gallons per minute Sewer 13 private septic systems with drain fields Overview 35.84 acres m/l that contains approximately 14 acres of undeveloped land,

there are 10 acres m/l which potentially could be developed into additional RV or cabin sites.

RV Sites 86 RV sites with full hookups all have 30 amp service and 25 sites with 50 amp service. All but 4 of the 86 sites are rented on an annual basis. Each site has own electric meter, tenant pays .19 cents per kilowatt. Average seasonal site rent $900 annually, season is March 1 to November 31.

Area Near Truman Lake within 10 miles of 3-marina/boat ramps. Truman Lake

is a Army Corp of Engineer Lake consisting of 55,000 acres surface water 950 miles of shoreline, surrounded by 110 acres of public use land. Truman Lake and Lake of the Ozarks join at the dam in Warsaw MO approximately 15 miles form subject property.

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Lodge Sleeps 12-15 guests. Commercial style kitchen, 3-full bathrooms, dinning room, family room & satellite TV. 1.5 stories, 2,629 sq. ft., wood A-frame, novelty retail store with rental lodge sleeping for 15, laundry area, upstairs with one bedroom and one bath and is rented as part of the lodge, the ground floor consists of a kitchen, living room, three bathrooms and an open area for sleeping. Lodge rents for $165.00 per night.

Cabins The 16 cabins are wood frame and range in square footage from 491 feet

to 911 feet. 1, 2 & 3 bedroom units. All units rent as nightly, weekly or monthly. All equipped with full kitchens, coffee maker, toaster, microwave, BBQ grill AC/Heat, all utensils & linens.

2- 3 bedroom 2 bath sleeps 9 to 10 1- 3 bedroom 1 bath sleeps 7 to 8 3- 2 bedroom 1 bath sleeps 6 6- 1 bedroom 1 bath sleeps 5 4- 1 bedroom 1 bath duplex units sleeps 4 16 – total cabins Home Ranch style, wood frame, built 1995, square footage 1,512, four bedroom,

two bath, 576 sq. ft. two car garage, 4-level 700 sq ft deck. (416 sq. ft. covered deck, 285 sq. ft. open deck), new kitchen cabinets (2006), all appliances stay, thermo pane windows, forced air heat, central electric air conditioning. Very nice home well kept.

Storage Bldg’s Post and beam metal sided one story buildings. Building #1 100 x 30

building #2 100 x 30. A total of 20-units. Gravel floors, 110 amp electric service.

Game Room Wood frame 416 sq. ft. building with a 508 Sq. Ft. covered patio. Bathhouses Two @ 125 sq. ft. ea. Pool 512 Sq. Ft. in-ground pool new in 2001with concrete apron & privacy

fence. Chairs, lounges tables, umbrellas etc. Pool house consist of 1-bathrooms, laundry facilities and maintenance room.

Workshop Post and beam metal siding and roof. 870 sq. ft. concrete floor. Built in

1998. Equipment Vacuum’s, carpet shampooer, hand tools, weed eater, saws, air compressor

hand tools, rakes, shovels, John Deere riding mower, rebuilt 12v Ford 8N tractor w/5’brush hog, 6’finish mower & 6’ blade, push mower, electric golf cart, JD Gator, camp car w/newer motor. Extra cabin supplies, sheets, towels, appliances etc. Also backup electrical, plumbing hardware etc. Option equipment available: JD Backhoe, Club Car golf cart, DR leaf vacuum, home furnishings, JD riding mower.

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Season The resort is open March 1 to November 30. All annual site rents are due January 1 of each year. Prorated if leased during the season of lease only. If a seasonal tenant wishes to use their site during the off season they will be allowed to as long as they pay the monthly transformer fee of $28.00 per month per transformer and their electrical cost. There are 14-transformers on the property.

Proforma Income and Expense based on 2011 Profit Loss:

Estimated Income Cabin Rental

61,835 Seasonal Sites 72,300 Overnight Sites 2,381 Boat Storage 7,920 Electric 11,074 Store / misc 5,125 2011 average 160,635

Estimated Cost of Sales / Expenses

Electric 13,766 Legal 1,525 Store / Misc 3,075 Office 1,382 Supplies 5,371 Trash 1,060 Telephone 1,049 Property taxes 7,160 Employees 6,633 Pest control 250 Insurance 6,553 Satellite TV 1,144 Propane 391 Maintenance 3,575 Credit Card Fees 1,607 Total 54,541

Est. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA)

EBITDA 106,094

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Nightly Cabin, Trailer, Rental Rates

Base Rate as per Below Additional $10.00 per person / per nite

Children under 5 years old stay free, maximum of 2 per cabin all others $10 per nite Cabin 1 (sleeps 9 - 3 bed room - NON Smoking) $145.00 w/sat tv - Rate Based on 1 to 6 people Cabin 3 (sleeps 4 - NON Smoking) $70.00 w/sat tv - Rate Based on 1 to 2 people Cabin's 4, 5 & 6 (sleeps 4 - NON Smoking) $65.00 - Rate Based on 1 to 2 people Cabin 7 (sleeps 6 - NON Smoking) $90.00 w/sat tv - Rate Based on 1 to 3 people Cabin 8 (sleeps 6 - NON Smoking) $95.00 - Rate Based on 1 to 4 people Cabin 9 (sleeps 5 - NON Smoking) $70.00 - Rate Based on 1 to 2 people Cabin#7 {sleeps 6 – NON-smoking}$90.00 – Rate based on 1 to 3 people Cabin 10 (sleeps 5 - NON Smoking) $70.00 - Rate Based on 1 to 2 people Cabin 11 (sleeps 5 - NON Smoking) $70.00 - Rate Based on 1 to 2 people Cabin 12 (sleeps 5 - NON Smoking) $70.00 - Rate Based on 1 to 2 people Cabin 14 (sleeps 5 - NON Smoking) $70.00 - Rate Based on 1 to 2 people Cabin 15 (sleeps 6 - NON Smoking ) $95.00 - Rate Based on 1 to 4 people Cabin 16 (sleeps 10 - NON Smoking ) $145.00 w/sat tv - Rate Based on 1 to 6 people Cabin 17 (sleeps 4 - NON Smoking) $75.00 w/sat tv - Rate Based on 1 to 2 people Cabin 18 (sleeps 7 - NON Smoking) $105.00 w/sat tv - Rate Based on 1 to 4 people Lodge (sleeps 12 to 14 - NON Smoking) $145.00 w/sat tv - Rate Based on 1 to 6 people

3 Day Minimum Stay for ALL Holiday Weekends, We offer 10% discount for 7 nite stays for RV's and Cabins, Please Call for Details

OPTIONAL SATELITE TV- Cabins 4,8,9,12,14,15 "IF Available" @ $6.00 per night Must specify at time of reservation. NO TV RECEPTION WITHOUT SATELITE

Monthly "RV Site" Rates 1st month $250.00, 2nd & 3rd month $225.00 / per month 4 thru 6 month $200.00 / per month, plus electric. Yearly "RV Site" Rates, $800.00 to $1,000.00 (Depending Upon Site) Plus Electric

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Lodge & Store

Storage building # 1 #2

Trailers owned by park / leased as cabins

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Cabins

Pool Game room, pavilion & work shop

Home

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Home

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This resort would be IMPOSSIBLE to build today for $900,000! Located just a short distance from one of the Midwest’s best fishing and hunting lakes, Truman Lake, with 956 miles of shoreline, 55,000 acres of surface water and 110,000 acres of public use land. This 36 acre park, complete with beautiful hardwood and cedar trees give campers that hometown, back to nature camping feeling.

Consistent repeat clientele!!! Contact: Chuck Gray Re/Max Truman Lake 5 NE 91 RD Clinton MO 64735 Phone (660) 525-0393 Fax (660) 885-2208 Email [email protected]