Vogtle RV Park

33 RV Sites, Built in 2015: Modern RV lot community constructed in 2015, featuring full hookups throughout for reliable tenant satisfaction.
Flexible Rental Structure: Supports monthly, weekly, and nightly rentals, allowing operators to optimize occupancy and revenue mix.
100% Vacant – Pure Value-Add Opportunity: Fully vacant status provides maximum flexibility for restructuring rents, marketing, and operational improvements.
Site & Land Details: Gross site area of ±182,516 SF (±4.19 acres total land), with average lot size of approximately ±5,531 SF, accommodating large RVs and long-term stays in a low-density layout.
Rent & Cap Rate Upside: Current average rent ≈ $783/month vs. market average ≈ $850/month; in-place cap rate ≈ 8.5% (current pro forma), with projected stabilized cap rate ≈ 14.65% or higher after rent optimization and stabilization.
Individually Metered Utilities: Electricity and water/sewer individually metered, reducing owner expense and simplifying billing for tenants.
Expansion Potential: Additional adjacent 3-acre lot available for purchase (supports 28 more lots), creating opportunity to scale the community and increase overall NOI.
Full RV Hookups & Infrastructure: Complete hookups throughout, roads serving the property on two sides, and materials for road development already on site.
Efficient, Low-Complexity Operations: Low-density layout supports a mix of nightly, weekly, and monthly tenancy; professionally managed with strong potential to improve margins through operational efficiencies or self-management.
Lower Operational Complexity: Simpler management profile compared to traditional multifamily assets, ideal for hands-on operators or investors seeking straightforward RV park cash flow with upside.

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Bill Pedersen