Festival traffic and a working downtown make Live Oak a good fit for campgrounds, lodging, and storage. Chino will travel for the right deal here.
Why this market
- Spirit of the Suwannee Music Park festivals and camping
- Suwannee County seat with stable government employment
- US 90 and Interstate 10 access
- River recreation across the county
What Chino buys here
Campgrounds and RV parks, festival adjacent lodging, self storage, and cash flowing local businesses.
Chino has $400,000 to put down and financing lined up for purchases up to about $3.4 million. He keeps deals that pay for themselves and net him a fair living without a full time grind.
How Chino looks at a Live Oak deal
The first question is always whether the numbers work on what the place earns today, not on a story about what it might earn someday. Chino underwrites a Live Oak deal on its trailing twelve months, checks that the income covers the loan with room to spare, and looks for one clear lever to improve it, like adding sites, raising under market rents, or filling empty space. If a deal needs everything to go right just to break even, it is not a fit. If it pays for itself from day one and has room to grow, that is the kind of Live Oak property he wants to own. The financing is already lined up, so once the numbers check out he can move without a long wait.