RV PARK INVESTMENTS

From CRXE

RV sales hit a record high in 2020, amid the Coronavirus pandemic. Projections show that number increasing in 2021. Sure, some of these RV owners will return to traditional work environments once a vaccine is widely available. However, most will continue to take family vacations in their RVs. Some even say they’re considering moving into their RV full-time because of a job loss, economic situation, or to experience more of the world. If Coronavirus has taught us anything, it’s that working remotely is possible, and many new RV owners are learning to work on the go. Campground industry giant Kampgrounds of America (KOA) reports that RV parks across the country are seeing record numbers of new campers. Their Fall 2020 report reveals that at least 18% of all first-time RV owners intend to continue camping in 2021 and beyond.RV Parks historically have excellent return on investment rates. (More on this topic below).RV parks have very little infrastructure and facilities to maintain compared to other investment property types.

Generally, RV parks offer a higher ROI than most other types of commercial properties. According to most sources, you can expect anywhere from a 10% to 20% return on your initial RV park investment. As a result, investors who are hoping to maximize their investment dollars should consider RV park investment a lucrative option.