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Beautiful Black Hills RV Resort located Adjacent to National Forest 990152

Midwest Region

$5800000
THIS PARK IS A MUST-SEE WITH A GREAT LOCATION! This top-rated RV Resort and Campground is located near Sturgis, SD adjacent to the Black Hills National Forest! Room to Expand! Last year, even with the pandemic, SD brought in approximately 13 million tourists! 2021 Gross sale will be approximately $800,000. It is off-ramp near the interstate and has Good Sam ratings 9/10/9. This park has a 9% cap rate. Under-market RV rates mean an immediate increase in revenue!

Details

Description coming soon.

Amenities

  • Golf
  • Laundry
  • Internet
  • Store
  • Pavilion
  • Rec Room/Hall
  • Restaurant
  • Bar
  • Pool
  • Owners or Managers Residence
  • Cabins
  • Propane
  • Biking
  • Club House
  • Hiking
  • Near Interstate
  • Paved Roads
  • Camp Store

Features

This park has plenty to keep your guests busy after sightseeing and exploring all the attractions this area has to offer! Here, guests can enjoy:

  • Pool and hot tub to relax and unwind
  • Direct access from the park to a number of four wheeling trails in the National Forest for ATV and dirt bike riders
  • Fantastic hiking trails to the national forest
  • Beer garden to relax and listen to music
  • Playground for the children to burn some energy
  • 40’ x 80’ event center great for hosting weddings, family reunions and more
  • Performance amphitheater
  • Large outdoor pavilion area with a kitchen, cafe and store which will provide your guests with an ultimate experience
  • Bike wash
  • Laundry rooms strategically placed in the park
  • Free Wi-Fi throughout the park

The park is on deep well water and a septic system—situated on 80 acres with plenty of room for expansion with a limited zoning ordinance.  It includes paved roads with 140 sites. They are mostly FHU sites with 20/30/50 AMP electric service. There are also some Luxury RV sites that feature concrete patios—some with their own personal hot tubs, and a 300 tent group area.  

There are a total of 19 cabins. There are 7 deluxe cabins and 12 camping cabins. They range from 2-7-person sleepers. Several have bathrooms and 4 have kitchens as well.  Owners residence 3BR/2Bath attached to office.   

Two additional homes available for purchase next door. 

4.75-acre property next door with a newer double-wide and a single-wide (Both 3br/2bath) currently rented for $1,500/month and $1,200/month for an extra charge. 

Property Brief

Sites

  • Water/Electric Sites
    20
  • Full Hookup Sites
    115
  • Total 20 AMP
    10
  • Total 30 AMP
    55
  • Total 50 AMP
    15
  • Seasonal Sites
    172
  • Primitive Sites
    300
  • Total Pull Throughs
    85

Acreage

  • Total Acres
    80
  • Acres Left to Expand
    65

Rentals

  • Rentals
    19
  • Total Cabins
    19
  • Deluxe Cabins
    7
  • Park Models
    1

Park Has

  • Park Has
    Well, Septic system

Net Operating Income

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Year
Gross Sales
Operating Cost Adjustment
Cap Rate
Net Operating Income ($)
2021
Available
Available
Available
Available
2020
Available
Available
Available
Available
2019
Available
Available
Available
Available

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