Is Buying an RV Lot a Good Investment? | RiverBend Motorcoach Resort - RiverBend (2024)

As an RV enthusiast, there’s a good chance you’ve already discovered some of your favorite seasonal spots to visit. More and more RVers annually hit the road for a scenic taste of leisure sightseeing, but as the popularity of RV travel grows, you’ve probably noticed a surge in demand for vacation accommodations. Oftentimes, RVing involves preparing for trips by researching RV lots for lease, or even permanent RV lots for sale. But are RV lots a good investment? Let’s explore some of the compelling reasons why buying an RV lot can be a rewarding investment choice.

What Exactly Defines an RV Lot?

What is a deeded RV lot? At its core, a deeded RV lot is a designated space within an RV resort or community designed to provide arrangements for recreational vehicles. Deeded RV lots for sale vary in size and amenities, but typically offer essential hookups for water, electricity, and sewage disposal, which makes them suitable for temporary or extended stays. RV lots range according to how flexible their catering criteria is, based on whether admittance is varied or specific. For example, some RV deeded lots for sale allow all types of RVs—from motorhomes and travel trailers to fifth wheels—whereas others are specialized RV communities tailored to specific RV types, such as Class A Motorcoach-only resorts. These exclusive destinations facilitate solely owners of Class A motorhomes, providing tailored amenities and an enhanced sense of community for like-minded enthusiasts who appreciate the luxury of a more permanent “home away from home.”

The Benefits of RV Lot Ownership Explained

Many RVers have roamed long enough to have found their perfect location, so they continue to return to the same beloved destination time and again. Therefore, buying an RV lot represents a promising investment due to the combination of several advantageous factors. Not only does securing a deeded RV lot provide the guarantee of a personalized vacation retreat, but it also offers the potential for rental income and a consistent sense of community that features the premium amenities of home.

You Have a Permanent Home Away from Home

Investing in an RV lot at a luxury Class A Motorcoach resort offers the unparalleled convenience of having a dedicated vacation spot ready for your enjoyment whenever you desire. With a designated space that caters exclusively to your Class A motorcoach, you can skip the hassle of planning and booking accommodations, knowing that your retreat is always waiting. This level of convenience allows for spontaneous getaways and the freedom to escape to a resort equipped with premium amenities, creating a seamless blend of relaxation and luxury in your RV lifestyle.

You Can Rent Out Your RV Lot

Another significant advantage of buying an RV lot is the opportunity to generate income when you’re not using it. By renting your lot to fellow RV travelers and setting your own rates, you can turn your property into a lucrative asset. This not only offsets ownership costs but also provides you with a stream of revenue, making your investment even more rewarding.

Private RV Resorts Have a Big Sense of Community

Is Buying an RV Lot a Good Investment? | RiverBend Motorcoach Resort - RiverBend (1)

Let’s not forget that buying an RV lot means you’re primarily committed to a preferred destination, so it will take on the feel of your very own neighborhood. Many RV resorts are known for fostering a vibrant sense of community, oftentimes providing a rich calendar of events and activities. From arts and crafts nights to lively game nights, pickleball clubs and boating associations, these amenities and gatherings create opportunities for participants to socialize and enjoy and diverse range of interests. Such communal experiences enrich the RV lifestyle, allowing residents to forge lasting connections while exploring their passions together.

Can You Buy an RV Lot at Any RV Park?

It’s essential to note that not all RV parks or resorts offer the option of lot ownership. Therefore, if you’re interested in buying an RV lot, you’ll need to conduct thorough research to find a location that aligns with your desired vacation area. Reading reviews and visiting the RV lot in person before making a purchase is crucial. This due diligence ensures that you find the right property and confirm that it meets your expectations and matches your vacation plans.

Are There Disadvantages to RV Lot Ownership?

The market for permanent RV lots for sale can be highly competitive, and in some sought-after vacation areas, available lots may be limited. Given the growing popularity of RV living and the desire for prime vacation destinations, it’s important to be prepared for the possibility that choices might be constrained in your desired location. This speaks to the importance of acting promptly when you do find an RV lot that meets your criteria, as securing your piece of paradise in such a competitive market can be a rewarding yet time-sensitive endeavor.

So, Are RV Lots a Good Investment? Absolutely!

Investing in an RV lot at a resort proves to be a savvy choice for multiple reasons. It promises your permanent vacation spot is always available, eliminating the need for constant planning. Also, it provides you with a supplemental rental income while you’re not occupying the lot. And of course, last but certainly not least, it offers the luxurious sense of community and access to a wealth of amenities that create an enriched RV lifestyle, fostering lasting connections and enhancing your overall experience. In essence, owning an RV lot at a resort means a harmonious blend of convenience, financial opportunity, and a heightened sense of leisure companionship with well-rounded, like-minded enthusiasts. Purchasing your own deeded RV lot could be the most promising and rewarding investment of your life.

For More Tips About RV Living, Visit RiverBend Motorcoach Resort’s Blog!

RiverBend Motorcoach Resort’s blog offers an abundance of information, covering RV lifestyle tips, resort amenities, local attractions, and insights into the benefits of RV lot ownership.

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Is Buying an RV Lot a Good Investment? | RiverBend Motorcoach Resort - RiverBend (2024)

FAQs

Are RV resorts profitable? ›

' According to most sources, RV parks are a high-yielding investment and you can expect anywhere from a 10% to 20% return on your initial RV park investment . This makes owning an RV park well worth the investment.

Are RV lots good investments? ›

Absolutely! Investing in an RV lot at a resort proves to be a savvy choice for multiple reasons. It promises your permanent vacation spot is always available, eliminating the need for constant planning. Also, it provides you with a supplemental rental income while you're not occupying the lot.

How much does an RV park owner make? ›

That number also depends on a variety of factors. Generally, an owner can expect to earn between $20,000 and $80,000 per year on average. However, just like with RV parks themselves, there are always exceptions.

What is a good ROI for an RV park? ›

This spread is crucial for determining a good RV park ROI, with investors often targeting a CAP rate that provides a return significantly above the cost of financing the purchase, aiming for a 20% or higher cash-on-cash return as a benchmark for a strong investment.

Are RV parks recession proof? ›

RV parks are often considered a recession-proof asset class due to their low operational costs, steady rental income, and tax benefits.

Is an RV park passive income? ›

Similar to mobile home park investing, RV storage investing is about making money from the land, a very passive form of real estate investing.

How many RV lots can fit on an acre? ›

You can typically fit about 50-70 RV storage spots in an acre of land. However, knowing that is only helpful if you understand how to do the math yourself. After all, you might not have precisely an acre, meaning you'll need to know what extra considerations go into that calculation.

What is a good cap rate for RV Park? ›

Cap rates in the campground market can range from 5 percent to 15 percent – with most parks falling between 8 percent to 11 percent.

Is an RV a wise investment? ›

However, almost all personal vehicles depreciate over time, and that doesn't stop millions of Americans from heading to a dealership and purchasing a new car. In fact, a study done by Camper Report found that RVs lose 21% of their value as soon as they're purchased and over 35% after five years.

What is the best business structure for an RV park? ›

Most RV park owners structure their new businesses as limited liability companies, known as LLCs or corporations. You also have the option of creating a general partnership or a sole proprietorship, but your recommendation is you stick with an LLC or a corporation.

What are the cons of owning a campground? ›

Cons of Owning a Campground

The first thing anyone considering owning a campground or resort needs to understand is that this business is a lot of work. You never get summers off! In the Midwest, this is a service industry that generally speaking is always busy in the summer months from Memorial Day to Labor Day.

Is owning a koa profitable? ›

Join the KOA Family of Campgrounds

If you are considering purchasing a campground or RV park, know that this industry provides excellent profit opportunities for those willing to work through the initial startup costs.

Is investing in an RV park a good idea? ›

The Financial Side of Owning an RV Park.

RV parks are a very high-yielding investment, with returns from 10% to 20%+ on your money. RV parks are among the highest-yielding of all real estate asset classes. So if your goal is to maximize the return on your money, RV parks are not a bad starting spot.

What is a good RV interest rate? ›

Top RV loan lenders and terms
Best for...Starting APRLoan amounts
Small loan amounts6.74%$5,000 to $1,000,000
Bad credit borrowers6.99%$10,000 to $10,000,000
Co-borrowers6.99%$10,000 and up
Fast funding6.99% (with autopay)$5,000 to $100,000
2 more rows

Is an RV considered an asset? ›

Asset Examples: - Motor vehicles – the current Blue Book value of any cars, motorcycles, boats, RVs, etc. you own. - Real estate – the value of your home, land, a condo, or other property you own even if you have a mortgage.

Are RV airbnbs profitable? ›

If you have a nice RV, have all the amenities needed by guests, and your property is in a perfect location, you could make upwards of $1,000 a month or more. But being an Airbnb host also involves a lot of responsibilities, so you might find it helpful to use vacation rental software like Hospitable.

Do campgrounds make a lot of money? ›

The short answer: it is very profitable if you know all the things to avoid and what to focus on. Evaluating an industry is vital when investing. In 2019, the campground and RV industry profits increased to $7 billion, creating a 2.7% growth curve between 2014 and 2019.

Is the RV rental business lucrative? ›

There are several benefits to starting an RV rental business. Firstly, it can be a lucrative venture. With the increasing popularity of RVing, there is a growing demand for RV rentals. This means that you have the potential to generate a steady stream of income.

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