Contact Information

RV Park/Campground Details

  • Price: $3,500,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1123882
  • Posted On: Aug 21, 2019
  • Updated On: May 14, 2020

Property Description

No matter how you cut it, this campground is an easy 10-14 CAP rate!

Over 700K in gross sales in 2019. While the country has been shocked by a virus early this spring, this campground has remained open and should be as profitable as in 2019.

Wyoming did not have a mandatory shut down. The Cheyenne KOA has remained open and profitable.

Benefits of Wyoming and Cheyenne

Wyoming is incredibly business friendly
No corporate income tax
No individual income tax

Cheyenne - https://www.youtube.com/watch?v=BYDiaEoslBY
Capital of Wyoming
Clean air and wide open spaces
No traffic
#1 in affordability among all the capitals in the U.S.
Beautiful Nature
High life quality and good well being
Visit Cheyenne

The Cheyenne KOA campground has been family owned and operated for the past 12 years, but family issues are forcing the sale of this tremendous opportunity.

The Cheyenne KOA was designed and built by Kampgrounds of America, Inc. in the late 1990’s. This is a branded ‘Journey’ campground. This is a very easy campground to operate and very profitable. It is situated in the Southeast corner of the city limits of Cheyenne WY and has Interstate 80 frontage.

No need to hire additional employees for planned activities or special events, this campground is full every night from May through October without props or gimmicks. We literally turn away dozens of potential campers (we’re just too full).

Our campers visit from all 50 states and more than a dozen countries every year as they travel along I-80 and/or I-25.

There are 72+ sites on the 11 acre campground with 4 acres undeveloped and ready for expansion (electric has already been set up for the expansion). Neighboring lots are also for sale by local realtor. Just up the road is an RV dealership and repair shop.

The Cheyenne KOA is serviced with:
*City Sewer
*Deep water well - although city water is available if preferred
*Natural Gas

Site breakdown:
28 - full-hookup sites (50/30/20 amp electric, water, sewer, cable, and wi-fi)
1 - extra large full-hookup sites (50/30/20 amp electric, water, sewer, cable, and wi-fi)
6 - 50/30/20 amp electric, water, cable, and wi-fi
6 - 50/30/20 amp electric, water, and wi-fi
4 – 30/20 amp electric, water, cable, and wifi
6 - rustic camping cabins with electric, heat, and air-conditioning
11 - tent sites with 20 amp electric and water
10+ - primitive tent sites
TOTAL 72+ SITES - with room for expansion

There are also THREE 3 bedroom/2 bathroom modular homes that can be used for management or rental properties. We’ve used these homes solely for the owners, but they could easily be rented out.

900+ Square foot workshop loaded with tools, supplies, and equipment.
3 electric golf carts (plus 1 gas powered that needs work)
Grasshopper lawnmower (well maintained and seasonally tuned)
S150 Bobcat Skid Steer with less than 600 hours (well maintained and seasonally tuned)
Plus so much more...

For more information & photos go to: www.buymycampground.com

Amenities

  • Laundromat
  • Pool
  • Club House
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 45
Year Built: 1998
Average RV Lot Rent: $60
Size: 11.1 acre(s)

Financial Information

Gross Income $720,000
Operating Expense $325,000
Expense Ratio 45.1 %
Debt Info

Utility Information

Water: Well
Sewer: City