Forum Discussion
eubank
Mar 11, 2015Explorer
There will be quite a lot of price variation in the parks you find for sale at places like RVParkStore.com and others. Beyond size and amenities of park, there are a couple of variables that you can use to understand the prices you see. The most important is, of course, location: Tourist areas command prices. Beyond that, look at whether the park caters to long-term workers (as opposed to tourist-only parks), whether it does most of its business with overnighters (as opposed to parks that do at least several days per guest), what its operating season is. Financially, ask plenty of questions, though keep in mind that the gross income is, for parks that include an owner's/manager's residence, often more revealing than the net income.
Once you do such an analysis, then you're also in a position to be able to spot the funky outliers, either those whose asking price is way too low or those whose asking price is way too high.
:)
Lynn
Once you do such an analysis, then you're also in a position to be able to spot the funky outliers, either those whose asking price is way too low or those whose asking price is way too high.
:)
Lynn
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