Camper Village RV Park

  • $ $1,750,000

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Description

Capstone Manufactured Housing is pleased to present Camper Village RV Park, located in Dry Ridge, Kentucky. Strategically positioned off I-75, guests of the community have easy accessibility to Cincinnati and Lexington. I-75 sees an Annual Average Daily Traffic (AADT) of over 54,000 vehicles, and over the summer, there is significant transient traffic driven by the Ark Encounter. This attraction was ranked Kentucky’s Most Popular Attraction by Attractions Magazine and sees 9,000+ visitors every Saturday during the summer months. Since there are few lodging options nearby, especially by the Ark, the community sits in an ideal position for transient guests. Camper Village RV Park operates similarly to a mobile home park and caters to mostly long-term RV residents. Of the 29 RV sites, it is typically 85% occupied with long-term residents and the rest with short-term residents. The community’s history of strong occupancy demonstrates local demand for renters. Furthermore, the park sits on 32 acres, of which 20 of the acres are undeveloped. The undeveloped land provides a future owner the opportunity to expand the RV Resort. Grant County has no density restrictions when it comes to developing additional RV Sites. Since the existing RV sites are stabilized with long-term occupancy, expanding the community with more long-term sites could significantly increase income. The community benefits from direct frontage along the interstate, allowing them to capture income from overnight guests. This offering presents the opportunity to acquire an RV Park with majority long-term residents and development upside.

Investment Highlights:

Strong Occupancy Among Long-Term RV Site

Frontage Along I-75–Annual Average Daily Traffic of 54,648 Cars

Proximity to Cincinnati

Lakefront Property With Boat Ramp Access

Opportunity to Develop 20 Acres of Undeveloped Land

  • Address 940 Curry Ln
  • City Dry ridge
  • State/county Kentucky
  • Zip/Postal Code 41035

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