Contact Information
Jeremy Bialek
License: IL Lic#475.188530
Real People Realty
RV Park/Campground Details
- Price: $4,650,000
- Purchase Method: Cash, New Loan, Assumable Loan
- Cap Rate: 11.1% (Actual)
- Listing ID: 6759654
- Posted On: Oct 30, 2024
- Updated On: Apr 1, 2025
Description
This 11-cap RV Park & Campground located in northern Illinois has 180 lots and sits 10 miles from I-80.
Able to draw seasonal customers, daily customers, and lot renters from the suburbs of Chicago and elsewhere, the park features considerably more amenities, activities, and services than most of the competitor RV parks in the state at much more affordable consumer pricing while boasting incredibly strong gross sales and higher than industry average NOI at below average lot rent rates.
Competitive consumer pricing advantages can still be maintained even if rental rates and other costs are increased after the transfer of ownership, as seasonal rates range from $1500-2000 less than other regional parks. Up-to-date full financials and media are available.
Location
4611 East 22nd Rd
Leland, IL
Amenities
- Laundromat
- Pool
- Club House
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 180 |
Utility Information
Water: | Well |
Sewer: | Septic |