Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents the offering to acquire Rainbow Plantation RV Park, a 119-site RV Park in Summerdale, Alabama, 32 miles from Mobile. The coastal Alabama area offers an idyllic escape with its pristine white-sand Gulf beaches, vibrant culinary scene, and warm Southern hospitality. This well-appointed RV park features extra-large full-hookup sites, dry camp sites, a clubhouse, swimming pool, dog park, laundry facilities, and a bathhouse.

The property is strengthened by its multiple growth opportunities, including 31 acres of expansion potential, and its prime location in one of the most popular beach vacation destinations in the U.S.

Conversion from a majority-membership park to a traditional park provides opportunity for a new buyer to purchase the property below-replacement cost and lease up and stabilize the park over a 1-3 year period.

The asking price for the property is $4,000,000 ($33,613/site). This represents a ~17% stabilized yield on cost (excluding the expansion land).

https://www.crexi.com/properties/1670085/alabama-rainbow-plantation-rv-park

Amy.Barrett@Colliers.com
727 798 2200

MHRVGroup@Colliers.com
561 479 1588

If this one doesn't match your investment criteria, you can visit this link to update your criteria: https://visitor.r20.constantcontact.com/manage/optin?v=001G32ScgsZ-HBaN-LLw8ymaONrfaIP08gsvDJTr6rIEhJKAZWFDhdVbKp_vVZVTJ_yH9rY23ISFnLm_FTWgYaFrXLY1Q4uQUoukF574_gTkY4%3D

You can view our other opportunities here: https://www.crexi.com/profile/mike-nissley-mikeni

If you have a property you would like to sell or receive a valuation on, visit this link:
https://lp.constantcontactpages.com/su/buJbxgS/1031seller

Colliers Manufactured Housing & RV Group Linkedin Page:
https://www.linkedin.com/company/35565066

MH Park Groups:
https://www.facebook.com/groups/1971542136217030
https://www.linkedin.com/groups/12180353

RV Park Groups:
https://www.facebook.com/groups/2040575082699586
https://www.linkedin.com/groups/12180303