Listed by Matthews
$1,350,000
Grumpy Grizzly RV Park & Storage
Details
Property Type Multifamily
Sub Type RV Park
Units 63
Pro-Forma Cap Rate 12.63%
Year Built 2018
Buildings 1
Stories 1
Acreage 3.920
Investment Type Value Add
38 RV Pads | 24 on-site storage units
Investment highlights
Consists of 38 RV pads, 2 of which are park owned RVs and 24 on-site storage units, providing multiple income streams and strong operational stability.
12.63% cap Pro-Forma not including upside available from further expansion on included land.
Operates on city water and city sewer, creating operational efficiency and supporting future scalability.
Includes an additional ±20.57 acres of land, offering substantial expansion potential for added RV sites, storage, or future development.
Includes a community center with laundry facilities available on-site, improving tenant satisfaction and supporting longer stays.
Listing Contacts
Listed by Matthews
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