noisy
Dec 01, 2013Explorer
Buying an RV Park
Does anyone have experience, private or otherwise, in purchasing an RV park? If so, what types of things do you address on the formal offer that may differ from buying a typical single-family residen...
SDcampowneroperator wrote:
The OPs original question was about purchase offers, items to consider,in that offer. I chose then and now to offer the after purchase scenario. The average length of ownership in small (think mom & pop) rv parks in highly seasonal areas is just over 5 years. Many reasons for that fact. Prime is the many hats to wear, surprises from regulators when due diligence in discovery is lacking, difficulty in retaining seasonal help. That's why workcampers are so sought after, $ rewarded ( by some anyway) for returning.
Rv parks are a target for Authorities Having Jurisdiction. ( AHJ) Increasingly private camps are that target, as they have been built primarily before that new regulation, fall under scrutiny when the property changes hands.
All to often park buyers are enamored of potential lifestyle, oblivious to even the most rudimentary task such as daily firepit cleaning, or a tree limb that was high last week, needs cutting today.
Then the AHJ comes along and £{€~~^{}~~~{£} get out the check book . for any potential camp buyer I highly recommend attending the annual ARVC conference
Paul Bambie, pres. of the Nat. Assoc.of rv parks and Campgrounds, aka ARVC would gladly guide you through the maze. ,join the state camp association if there is one, rub elbows with the Been There Done That before buying into their dream. There would be no need to come ask 'virtual strangers' for 'advice' when prepared with actual experience from known successful operators.
max,pres. sdcoa
good sam advisory council member
Ah, theres my pennies worth to the OP.
Max