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2444 River Rim Rd - Riverview RV Park and Campground

6,589 SF Speciality Building Offered at £4,931,250 at a 9.76% Net Initial Yield in Loveland, CO 80537

Investment Highlights

  • Frontage on Big Thompson River
  • Value Add, Room For Expansion, Average Daily Rates Below Market
  • 23 Miles to Estes Park / Gateway to Rocky Mountain National Park

Executive Summary

Generational RV Park & Campground 25 ac +/- with frontage on Big Thompson River
159 approved sites, including 41 extended stay sites, 77 back-in sites, 10 water-electric only sites, 23 pull-through sites, 5 tent sites, 1 rustic cabin, 1 tiny home.
Value-Add Generational RV Park investment opportunity.
Room for expansion
Average Daily Rents below market
River frontage
High barrier to entry for competition
Contact Listing Broker for showings. Shown by appointment only

Data Room Click Here to Access

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual -
Annual Per SF -
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £4,931,250
Price Per SF £748
Sale Type Investment
Net Initial Yield 9.76%
Property Type Speciality
Property Subtype Trailer/Camper Park
Building Class B
Lot Size 25.00 AC
Building Size 6,589 SF
Number of Floors 1
Year Built 1966
Parking Ratio 24.13/1,000 SF

Amenities

  • Property Manager on Site

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05120-00-068
  • 05120-00-068
  • 05120-00-068
Land Assessment
£239,582 (2024)
Improvements Assessment
£738,334 (2024)
Total Assessment
£977,917 (2024)
  • Listing ID: 32083964

  • Date on Market: 10/06/2024

  • Last Updated:

  • Address: 2444 River Rim Rd, Loveland, CO 80537

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