RV Park/Campground Details

  • Purchase Method: Cash
  • Cap Rate: 7.4%
  • Listing ID: 3877113
  • Posted On: Oct 23, 2023
  • Updated On: Feb 28, 2024

Description

Ark Denali is situated on 85.61 acres of land located
at 4852 North Parks Highway, Trapper Creek, Alaska.
The property has frontage on the Chulitna River
and Highway 3. The main highway running between
Fairbanks & Anchorage.
Ark Denali consists of an irregular shaped parcel with
exceptional views of mount Denali, which is a major
amenity to the subject property. The 1st phase of
development includes retail, gallery and restaurant.
In addition, there is an entry office (RV support
building), three bathhouses, 39-space RV Park and
campground.
Ark Denali will have significant site amenities and
features, such as viewing decks, helipad and bridge
crossing the creek. All structures will have a rustic
exterior façade with rough cut shiplap siding milled
onsite and stone veneer entryways. The subject site
offers exceptional views of Denali and the Chulitna River.

Phase 1 - 39 RV spaces planned. Phase 2 - 14 double cabins (28 units) & Phase 3 - potential 100 room hotel.

Ideally ownership is looking for a equity partner to participate with the current partnership group to fully capitalize and develop the park. The current ownership has contributed $2M.

Location

Irreplaceable land with river frontage located on the only major highway
from Anchorage to Fairbanks.
• Projected immediate value add through 3 phases of development.
• Spectacular direct views to Mount Denali. The highest most pristine peak
in North America.
• In addition to tremendous real estate value, projected strong cash flow
from the operating business model.
• Proven rental pricing from the state-run RV park located directly across
the highway.
• Current investor group has invested over $2 million.

Amenities

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

Park Information

Number of RV Lots: 39
Year Built: 2024
Size: 85.0 acre(s)

Financial Information (Pro Forma)

Gross Income: $2,942,000
Operating Expense: $1,827,000
Net Operating Income: $1,115,000
Expense Ratio: 62.1 %
Debt Info: SBA Loan $5,000,000

Utility Information

Water: Well
Sewer: Septic