Contact Information

RV Park/Campground Details

  • Price: $799,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 11.2%
  • Property ID: 1747152
  • Posted On: Aug 31, 2022
  • Updated On: Feb 21, 2023

Property Description

Marcus & Millichap is pleased to present the Kennebec KOA, a 62-site RV Park in Kennebec, South Dakota located just off Interstate-90. Virtually located in the middle of the state, the Kennebec KOA is an ideal location for travelers to rest for a night or two as the journey from one destination to the next. Guests have the option to stay at RV sites, a cabin or tent sites. With land for expansion a new owner can also provide additional stay options for guests while increasing the revenue.
The park consists of 44 total RV sites. Twenty-seven of the RV sites are full hook-up with 50-amp electrical service. There are an additional 17 RV sites at the campground that are water/electric sites. Seven of these sites provide 50-amp service with the remaining ten sites offering 30-amp. Another way to stay at the campground is the cabin rental. The cabin sleeps up to four guests providing a bunk bed and a full bed. The cabin has air conditioning and heat. Lastly, campers can experience the Kennebec KOA under the stars in one of their seventeen tent sites. Five of these tent sites include electric hook-ups.
The Kennebec KOA is an ideal RV park for campers to stay and rest as they explore South Dakota and beyond. With its extremely close proximity to the interstate (approximately a quarter of a mile) guests don’t have to travel far when they are ready to get off the road for the day. In addition, highway traffic noise is not an issue as the highway is located well above the campground and trees dampen the sound. The Sturgis Rally is a big draw for the campground as guests traveling from distant locations will stop at the park on their way. While at the KOA, the park has plenty of amenities for its guests. Amenities include Wi-fi, laundry facilities, clean bathrooms and showers, a swimming pool and dog run. There’s also volleyball, a game room, basketball, and a pavilion for guests to enjoy.

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: 62
Year Built: 1968
Size: 13.8 acre(s)

Financial Information (Actual)

Gross Income $176,535
Operating Expense $87,433
Net Operating Income $89,102
Expense Ratio 49.5 %
Debt Info

Utility Information

Water: City
Sewer: City

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