Campgrounds for Sale Near Me – Northeast Region

Are Campgrounds Good Investments?

While campgrounds are seasonal, like any resort and recreational center, they are cash businesses. With proper management and marketing, campgrounds will undoubtedly pay for themselves with stable returns on investment.

They are a very high-yielding investment, ranking as one of the highest-yielding investments in all real estate asset classes. A successful campground can be a source of creating an estate for your heirs to enjoy and for future generations, started only with your down payment and hard work. 

Non-Financial Reasons to Invest in Campgrounds

While profit earnings are certainly top of mind in any investment, campgrounds have personal benefits and improve the quality of life for those who own them. Most people who run RV parks and campgrounds say they’d run it for free since they find the experience enjoyable. 

• Your campgrounds give people a wonderful experience away from home. The regular interaction with similar nature-loving and adventure-seeking people, in turn, gives you a wonderful experience.
• For people who love being outdoors, hands-on RV park and campground owners will love tinkering with everything on your property. You will be working with your hands outside all the time.
• Campgrounds serve as a second home away from home for you and your family. You will always have a vacation destination any time you want a break.

Start searching for your dream campground and RV park to own now. See a comprehensive listing of campground properties for investment.

Things You Need to Know Before Investing in Campgrounds

Campgrounds give you much more control and freedom over your property. You can set the rules and regulations, and control rates and fees collected. You can evict tenants with just a few days’ notice if they break any rules. This type of real estate asset allows you a higher level of control and creates the kind of business model you deem best.

The Types of Tenants

Campground and RV park tenants are different from apartment rental tenants. Your campground tenants will not be long-staying tenants since they are merely camping. With more turnover of tenants, you are less likely to have issues collecting payment. Most campers even pre-pay their stay months beforehand. 

However, recreational tenants also have a different set of customer needs. The focus on delighting these customers is resolving problems as quickly as possible. They are more demanding, direct and expect immediate action. 

Seasonal Income

While apartment rentals provide a steady and stable income stream, campgrounds and RV parks are seasonal. Depending on the location of your site, you will see peaks and drops with the passing season. Most RV park owners see a rise in visitors between late spring and early autumn. Innovative campground owners have found ways to accommodate guests even during winter.

How to Buy a Campground Lot

Researching campground lots and the buying process itself can be confusing. Here is a simple walkthrough of the steps to purchase your dream RV park.

Decide on the Type of Park You Want

The location of your choice will determine the kind of campground or RV park you will develop. Check the tourist attractions in the area, the foot traffic, and the propensity to spend of the regular tourists there. Decide on the size of the campground and whether you will need to hire a staff to work with you.

Organize Your Finances

Set your goals by checking your finances. How much down payment can you afford? Do you have extra cash to fix the property? How much do you want to make in a year?

Build Your Campground Team

Now is the best time to seek the counsel of campground experts. The Campground Marketplace can assist you in finding a suitable campground lot. We can help you with marketing services, gathering required paperwork, and guiding you through pitfalls and other issues.   

Secure Financing

Be ready with a 20% to 30% down payment and seek financing from two possible routes: traditional bank financing or owner financing. The Campground Marketplace can assist you by referring you to trusted institutions they have worked with for nearly 50 years. 

Look for Campgrounds

Register with The Campground Marketplace to access the largest inventory of campgrounds from different popular locations. Create an account so you can see all listings, save your favorite campgrounds, and review and compare properties. 

Make an Offer

When you’ve set your heart on the campground of your choice, make an offer. Get your property in order and start your marketing efforts to get bookings quickly.