We are pleased to present Lake Gaston Resort, a 364-site RV & Marina Resort located in Valentines, VA. Nestled along the Virginia banks of beautiful Lake Gaston, the Resort offers a private, country club atmosphere for its members and guests. Enjoy the best of nature, relax & unwind at the beach, or head up to the exclusive, multi-million-dollar clubhouse at one of the Mid-Atlantic’s premiere outdoor recreation destinations!

There is a vast array of amenities at Lake Gaston Resort to ensure your visit is relaxing and memorable. Camping and a 10-lane bowling center? You bet! Whether you like to bowl, workout, swim, play shuffleboard, racquetball, mini-golf, or amusement games, you will always find something to do while visiting Lake Gaston Resort, regardless of the weather or time of year.

Lake Gaston Resort consists of 364 total units – 248 RV sites, 31 park rentals, 76 marina/boat slips, an 8-room motel, and a 3 bedroom SFH rental. The property is open year-round and divided into two distinct parts, The Club Resort & Lakeside Resort. The Club Resort has 150 rentable units and is reserved for members-only. This section of the park is not open to the public and the cost of a single membership ranges anywhere from $4,000 to $25,000, averaging $10,000 per membership. Club members also pay annual dues of $899 per year to remain in the Association. On the other side of the park is Lakeside Resort, which consists of 214 rentable units – 165 RV sites (102 annual + 63 transient), 5 park rentals, 36 boat slips, and an 8-room, waterfront motel. Unencumbered by any memberships, Lakeside operates as a more traditional RV resort and offers guests full hookup sites on a nightly
or annual basis. Depending on the site, annual rates range from $4,000 to $5,500, and overnight sites are $99 for members and $115 for non-members.

Lake Gaston Resort is serviced by well water and septic, both of which are maintained and paid for by the park. Electricity is individually metered and billed back on annual sites, while trash pickup is paid for by the park. Despite being a stabilized, cash flowing asset, there is still plenty of upside left on the table for an incoming investor to strongly increase revenues and reduce expenses.

This unparalleled family getaway on the shores of Lake Gaston is being offered as a stabilized RV & marina resort with significant value-add upside, additional revenue growth opportunities, and the potential for future expansion. We are asking that all investors submit their best offers, as no pricing guidance will be given. All offers must include price, inspection timelines, appropriate terms, proof of funds, a list of the due diligence items, along with a bio
and relevant real estate experience.