RV Park Acquisition and Expansion
Buy existing RV parks (typically mom-and-pop owned) at 10-11 cap rates, then add value by expanding sites, adding tiny homes, sub-metering utilities, and raising rents. Wills Creek example: 64-site park on 45 acres purchased for ~$2.2M raise with room to expand along creek frontage. Parks are bought with 70% LTV bank loans at ~8% interest and refinanced in 2-3 years after value-add improvements.
Startup Budget
$50K – $2200K
Difficulty
Advanced
Business Type
Hybrid
Location
Suburban
Time Commitment
Full-time
Revenue Potential
$10000+/month
Skills Needed
Watch the Full Breakdown
Watch on YouTube — Chris Koerner
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