It is not every day you get an opportunity to purchase a brand new RV park! How new is it??? Google earth isn't even showing the park online yet! Ted's RV park was constructed in 2020 (designed and built by one of the owners who is a contractor by trade). Year two revenue increased by 288%, and owner's are anticipating 2022 revenue to increase by another 30%. The park is located just .4 miles off of the I-35 exit in Decatur City, IA. Approximately 15,000 vehicles per day travel past this exit. The park has room for future expansion or addition of park amenities! The park is NOT located in a flood zone. Ted's RV park is currently being self-managed by the owner's. The park is not currently using an online reservation system so this is a value-add play for the next ownership group. The park also has room to expand another 12-16 pads for an additional value-add component.

The park currently consists of 26 pads, of which 17 are pull through. All 26 pads are full-service featuring electric (20/30/50 amp pedestals) as well as city water & city sewer. The park has three bathrooms that are each 7' x 10'. The park does not currently have a store, but there is room for one in the building that currently houses the bathroom's and office. The park has a playground for younger guests to enjoy.

The roads in the park are made out of gravel and are in "excellent" condition according to the seller's. As I mentioned earlier, the park is on city water & city sewer. The underground waterlines are 2'' PVC and 1'' coil. The sewer lines are made out of 4'' schedule 40 PVC. 20 out of the 26 pads have electric meters to back-bill long-term guests.

There is not currently any living quarters on the property for an owner/manager, but there is plenty of additional acreage available should the next owner decide to add living accommodations.

The seller's were asked to describe the percentage breakdown of guests in their park for the first two years of being in existence: •Approximately 60% of the guests are overnight/weekend guests.
•Approximately 30% of the guests are monthly guests.
•Approximately 10% of the guests are seasonal. (workers)
They also estimate that approximate 60% of their guests are retired. The vast majority of guests staying in June, July, & August are in town to visit family.

When asked what they would concentrate on improving if they continued to own/operate the park?
"Adding concrete at the pads for picnic tables & chairs".

When asked what do you want buyers to know about your park?
"The park is just two years old with lots of potential. Very little maintenance. Room to add more sites or other amenities."

When asked what makes your park different from the average RV park?
"Interstate 35 & Highway 2 in Southern Iowa, 5 hours from Minneapolis, MN & 5 hours from Branson, MO".

What local amenities are a benefit to your park?
"The restaurant on site (they no longer own) is a real benefit to our guests. There is also a nice fishing lake 4 miles east of the property."

How do your rates compare to other RV parks in the area?
"Same or a little cheaper." (Note...2022 rates are increasing by 15% for nightly, 15% for weekly, & 8% for monthly)

Despite only being in business for two years at this point, the reviews on this RV park have been outstanding. The new owner of this park will be purchasing a great deal of "goodwill" and a reputation for providing outstanding service. The park has 51 google reviews with a 4.8 star rating. I highly recommend reading the google reviews of this property. The RV park recently became a "Good Sam's" affiliate. They have ranked the park 7 for facility, 10 for restrooms, & 9 for appeal.

Mr. LANDMAN, LLC is a licensed real estate company in the State of Iowa under License#F06199000. Jonathan Fisher (Jon) is a licensed broker officer in the State of Iowa under License#B68919000.