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Riverview Resort RV Park: Shovel Ready-800 sites/260 acres

260-Acre Fully-Permitted Parcel in Georgetown, SC

Listing Contacts

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Active

Asking Price: $10,000,000
Address 

Shady Grove Lane, Georgetown, SC 29440

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Date Added
Jan 22, 2025
Days on Market
55 days
Time Since Last Update
49 days

Details

Property TypeLand, Mobile Home Park
SubtypeCommercial, Hunting/Recreational, Residential
Investment TypeRedevelopment
ClassA
Pro-Forma NOI$3,420,238
Units800
Sale ConditionFor sale by owner

Marketing Description

BWE Investment Sales LLC (BWE) is pleased to offer the exclusive opportunity to acquire Riverview Resort, a 260-acre parcel for an RV Campground development in Georgetown, South Carolina.​ The property’s parcel is situated within a Qualified Opportunity Zone along the Sampit River with deepwater access to the Atlantic Ocean.​ The property features arterial road frontage access to public water/sewer making it an ideal opportunity for a multi-functional development.​  

Riverview Resort has obtained all necessary permits and entitlements, ensuring full authorization for its planned projects or operations.​  Riverview features approximately 700 full hook-up RV sites and 100 wet boat slips with institutional-grade amenity package.​ 

The property’s prime location presents a significant investment opportunity, with tourists spending over $380 million annually in Georgetown County.​ The area boasts stunning coastal wetlands, abundant fishing and boating opportunities, scenic parks and wildlife, pristine beaches, numerous golf courses, and a charming historic downtown district, making it a popular year-round destination.​ Riverview’s proximity to these scenic attractions, combined with breathtaking views, positions the property as an ideal site for development.​

Investment Highlights

CONVENIENT LOCATION

Georgetown, SC is an ideal location for an RV campground development due to its proximity to a wide array of attractions that draw tourists year-round. Nestled near picturesque coastal wetlands, pristine beaches, abundant fishing and boating opportunities, and scenic parks teeming with wildlife, the area offers a perfect blend of natural beauty and recreational activities.  With tourists spending over $380 million annually in the region, the property’s convenient location and scenic views create a compelling opportunity to attract RV travelers seeking a memorable and immersive getaway.

GROWING DEMAND

The demand for campgrounds and RV parks in the United States is rapidly growing, driven by the increasing popularity of outdoor recreation and the RV lifestyle. Factors such as rising interest in domestic travel, the flexibility of remote work, and a renewed appreciation for nature have fueled a surge in RV ownership and rentals.

CAPITAL INVESTMENTS 

Georgetown, SC, is experiencing significant development fueled by increased investment and federal funding. Recent initiatives include $6.5 million allocated for the deepening of Georgetown Harbor, aimed at enhancing its capacity and supporting economic growth. Additionally, local infrastructure improvements, such as a capital project sales tax referendum, are funding community projects and improving amenities. These investments are positioning Georgetown as a prime location for development, attracting businesses and enhancing the region’s appeal for tourism and residential expansion.

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Due Diligence

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