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...
Forum Discussion
jkwilson wrote:
Property is on a state highway that connects a rapidly growing mid-size city (with a major university) with a town that is becoming a major bedroom community for the bigger city.
I mentioned that a no-frills RV park intended for overnighting or people visiting family might be a way to increase the income from the land without extensive investments.
The exit off the interstate has a few fueling places including a truck stop/travel center.
Is it foolish to consider? Advice?
*If* the homes in those nearby cities do *NOT* have lots that can accommodate storage of RV owners rigs (or CC&Rs that don't allow same) - a better choice would be a storage facility.
Good luck with your 'development'.
~
