Download Offering Materials: Camper Village RV Park
Capstone is pleased to present Camper Village RV Park, located in Dry Ridge, Kentucky. Strategically positioned off I-75, guests of the community have easy accessibility to Cincinnati and Lexington. I-75 sees an Annual Average Daily Traffic (AADT) of over 54,000 vehicles, and over the summer, there is significant transient traffic driven by the Ark Encounter. This attraction was ranked Kentucky’s Most Popular Attraction by Attractions Magazine and sees 9,000+ visitors every Saturday during the summer months. Since there are few lodging options nearby, especially by the Ark, the community sits in an ideal position for transient guests. Camper Village RV Park operates similarly to a mobile home park and caters to mostly long-term RV residents. Of the 33 RV sites, it is typically 85% occupied with long-term residents and the rest with short-term residents. Currently, all 33 RV sites are 100% occupied. The community’s history of strong occupancy demonstrates local demand for renters. Furthermore, the park sits on 32 acres, of which 20 of the acres are undeveloped. The current owners created a conceptual site plan for approximately 47 additional RV sites. If only half of those sites were filled on a long-term basis, this could bring in over $185,000 of revenue. Alternatively, the community benefits from direct frontage along the interstate, allowing them to capture income from overnight guests. This offering presents the opportunity to acquire an RV Park with majority long-term residents and development upside.
Strong Occupancy Among Long-Term RV Sites
Opportunity to Develop ~47 Additional RV Sites
Frontage Along I-75–Annual Average Daily Traffic of 54,648 Cars
Proximity to Cincinnati
Lakefront Property with Boat Ramp Access