Kelly Rice

Central FL permitted RV park development opportunity. Property consists of approx. 128 acres and is engineered and entitled as a 385 lot RV park. The owner recently entered into a Developer's Agreement with the City of Bushnell which contemplates the successful reservation of both water and sewer capacity and the Southwest Florida Water Management District has issued an Environmental Resource Permit. Significant off-site improvements completed by the Owner include-transportation improvements along CR 673, construction of water and sewer lines from property to City of Bushnell system (in excess of $3 million), and installation of the designed lift station. The property is located at the intersection of CR 673 and US 301 in Sumter County, FL. The Interstate 75 and CR 673 interchange is located approx. 4 miles west of the property. The development can accommodate both conventional RV's or Park Models. Sumter County is home to The Villages and is one of the fastest growing MSA's in the country. Recent Villages acquisitions suggest significant expansion which are in close proximity to the property.