Countryside RV Park

Property Description:

New to the market with a motivated seller and priced to sell at under $35,000 per site with park model and annual tenancy and huge sites is Countryside RV Park. This community boasts a stable occupancy rate and is served by well and septic with individual meters for 50 amp electric. The park features well-maintained roads, spacious lots, and a range of amenities, including a recreation hall and billiards room, a gym, and coin laundry facilities. Recent improvements to the entry signage and common areas reflect pride of ownership and contribute to the park’s strong curb appeal. Property also includes an extra tract of land that has ben entitled for forty-two additional RV sites (see expansion map). The majority of the sites are used on a permanent or long term basis with a waitlist for annual and seasonal guests. Rents appears to be around 10-15% under market.

Countryside RV Park is a well-positioned 55+ RV community located in the charming town of Lake Panasoffkee, Florida. Nestled in Sumter County, this welcoming park offers a serene retreat less than an hour from Tampa and Orlando and less than thirty minutes from the Villages. The park’s central location provides residents with easy access to major urban attractions, including Walt Disney World, Sea World, Busch Gardens, and Universal Studios, while also offering a tranquil escape from the city’s hustle and bustle. Additionally, the picturesque town of The Villages is within a short drive, enhancing the area’s appeal with its vibrant community and leisure activities.

Lake Panasoffkee itself is a popular destination for outdoor enthusiasts, known for its namesake lake that offers fishing, boating, and wildlife viewing opportunities. The community is characterized by its small-town charm and access to natural attractions such as the Lake Panasoffkee Wildlife Management Area. Sumter County, which encompasses Lake Panasoffkee, has seen steady growth due to its desirable location near major highways like I-75, which connects residents to both Tampa and Orlando. The region is also part of the broader Orlando Kissimmee-Sanford Metropolitan Statistical Area, providing residents with access to diverse economic opportunities and amenities.

The median household income in Sumter County is approximately $70,105, with a median home cost in Lake Panasoffkee around $225,000. The local economy is driven by tourism, agriculture, and the expanding service industry, particularly catering to the needs of The Villages and nearby urban centers. With its strategic location, robust infrastructure, and potential for increased occupancy and rental income, Countryside RV Park offers investors a compelling opportunity in the Central Florida market.