Vogtle RV Park
33-Site RV Park Investment with Value-Add Upside Near Plant Vogtle
Investment highlights
33 RV Sites: Built in 2015, offering a modern and low-density layout for large RVs and long-term stays.
Flexible Rental Structure: RV lot community allows for monthly, weekly, and nightly rentals to maximize occupancy and revenue.
Value-Add Opportunity: 100% vacant, enabling value-add restructuring and upside through rent growth and expense optimization.
Large Land Area: Gross site area of ±182,516 SF (±4.19 acres) with average lot size of approximately ±5,531 SF.
Attractive Rent Metrics: Current average rent is approximately $783 per month with market average rent at $850 per month.
Strong Yield: In-place cap rate of approximately 8.5% based on current pro forma, with projected market cap rate of 14.65% or higher at stabilization.
Individually Metered Utilities: Each lot is separately metered for electricity and water/sewer, reducing owner expenses.
Multiple Revenue Streams: Diverse tenant base includes long-term workers, contractors, and short-term guests.
Expansion Potential: Additional 3-acre lot (28 more lots) available for purchase in close connection to the property.
Professional Management: Efficient site layout and professional management allow for operational efficiencies and margin improvement.
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