Contact Information

RV Park/Campground Details

  • Price: $7,150,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 6.7%
  • Property ID: 1132819
  • Posted On: Sep 12, 2019
  • Updated On: Nov 22, 2019

Property Description

Location, Location, Location! This 16.5 acres of pristine wooded property featuring 104 RV and Cabin Sites is located in Durango, CO. This is an excellent investment opportunity with room for growth. Nestled along the Animas River and less than 20 minutes to the beautiful Purgatory Resort, the adventures to be had are at the guest’s fingertips. Hiking and biking trails, fishing, off road trails are just a short trip away, or you can enjoy the heated pool or playground on site. The Actual Cap Rate for the lodging sites and gift store alone, operating 6-months out of the year is 6.7% and Projected CAP rate is 9.0%! Expansion opportunity to be had as there are 6 acres of non developed space.

There are 75 RV Spaces, 23 Cabin Rentals, and 6 Tent Sites. The cabin styles range from a 1-room, 2-room on river, deluxe on river and contemporary options.
The roads are paved making it easy to navigate the park. Each Camping (RV) space comes with its own picnic table, grill and water spigot.
The RV spaces have a 50 AMP, or a 30 AMP hook up.

The property also features a large laundry facility on site for camper’s convenience featuring approximately 10 washers and 10 dryers, 2 separate shower facilities (two for men and two for women), WiFi, Cable TV, a projector screen for night-time movies, and an on-site arcade and game room, complete with pool tables for additional entertainment.

The General Store and Check-In Office is stocked with t-shirts, gift items, camping and outdoor supplies and the convenience store side carries pantry and food items as well as cold drinks for the campers stay. Inside the General Store is it's very own Fudge Shoppe.

The onsite commercial restaurant with hood vent has been known to offer up some satisfying breakfast as well as some “come and get it” steak dinners and pulled pork plates. There is interior and exterior seating for this restaurant seating approximately 50 people all at once. Pizza is also served daily at the restaurant for campers’ after adventures treat.

The Ice Cream Shoppe is open daily as well for a refreshing ice cream cone, malt, shake, or banana split.

This site could easily host large functions like reunions, weddings, church groups or company outings.

There are 2 private residences located on site which can be used for owner and/or managers housing.

All the amenities are privately owned and pass with the sale of the property. The owners are also passing a large fixture and furniture inventory which includes a tractor and OHV’s. This turnkey business is truly an amazing opportunity. Revenue planned additions include 5 cabins to replace RV sites, Jeep and Bike Rentals, Restaurant Open and Operating, Increased Rental Rates and Open the Park for Winter Operation.

Amenities

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

Park Information

Number of RV Lots: 104
Year Built: 1966
Average RV Lot Rent: $75
Size: 16.6 acre(s)

Utility Information

Water: City
Sewer: Septic

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