Grand West RV Development
55-Site RV Development Opportunity
Marketing description
Sunstone Real Estate Advisors is pleased to present Grand West RV Development, a 55-space RV and cabin development opportunity located in Grand Junction, Colorado, the economic hub of Western Colorado. The planned development is designed to serve a diverse customer base through a combination of monthly RV sites, daily RV sites, cabins, RV storage, and mini-storage units, creating multiple complementary revenue streams. Year 1 projections call for total revenue of approximately $712,077. Positioned along the Interstate 70 corridor, the development is strategically located to capture demand from tourists, outdoor recreation enthusiasts, seasonal travelers, and workforce housing users. The combination of transient and long-term accommodations provides operational flexibility while reducing reliance on any single customer segment.
Grand Junction continues to benefit from population growth, expanding tourism activity, and increasing demand for affordable lodging and extended-stay housing options. Total revenue is projected to increase from approximately $712,077 in Year 1 to more than $779,237 by Year 3, while net operating income is expected to grow from approximately $327,215 to $351,754 over the same period. Average unit rent is projected to increase from $938 per space in Year 1 to $1,014 by Year 3, reflecting continued demand for RV accommodations and extended-stay options throughout Western Colorado. Additional upside exists through increasing occupancy, optimizing the balance between daily and monthly rentals, expanding storage income, and maximizing cabin utilization as the property matures. With multiple revenue streams, a strategic location along a major transportation corridor, and exposure to both tourism and workforce demand drivers, Grand West RV Development offers investors the opportunity to develop a scalable and diversified RV destination in a growing market.
Investment highlights
- 55-site RV and cabin development featuring monthly and daily RV sites, cabins, RV storage, and mini-storage units
- Projected revenue growth from $712K in Year 1 to $779K by Year 3, with NOI increasing from $249K to $339K
- Average unit rent projected to increase from $938 to $1,014 by Year 3
- Strategic Interstate 70 corridor location in Grand Junction, supporting demand from tourism, outdoor recreation, workforce housing, and regional travel throughout Western Colorado
- Additional upside through occupancy growth, rate increases, storage income expansion, and increased cabin utilization
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