Building an RV park for overnighters?
Was talking to my brother-in-law over the weekend and he asked me about ideas for a piece of investment real estate he owns. 120 acres with a 10 year option to purchase more in the future. Location is...
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Interesting, not one reply from anyone in the Midwest where we typically don't have as much government regulation, as say California or the East Coast.
Obviously one would have to check into all of the requirements. I talked with a park owner in Arkansas last year that purchased an existing park and was doing some expansion putting in additional sites. I was told that the additional sites were costing approximately $10k per site for the grading, gravel, electric, .no sewer. That doesn't take into account the cost of land or taxes and the campground already has restrooms and showers.
Might be more or less in your location but it will take quite a while to get a return on that investment at say $20 per night.
Having said all of that, I agree, we need more overnight stops. Kansas and Nebraska seem to have a lot of city park campgrounds available in the $10 to $20 per night range. We use them whenever we can.
Obviously one would have to check into all of the requirements. I talked with a park owner in Arkansas last year that purchased an existing park and was doing some expansion putting in additional sites. I was told that the additional sites were costing approximately $10k per site for the grading, gravel, electric, .no sewer. That doesn't take into account the cost of land or taxes and the campground already has restrooms and showers.
Might be more or less in your location but it will take quite a while to get a return on that investment at say $20 per night.
Having said all of that, I agree, we need more overnight stops. Kansas and Nebraska seem to have a lot of city park campgrounds available in the $10 to $20 per night range. We use them whenever we can.
