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RV Park

Kennebec KOA

307 SD-273, Kennebec, SD 57544

Listing Price: $850,000

Cap Rate
10.48%
Number of Spaces
62
Lot Size
13.76 acres
Occupancy
65.0%
Price/Space
$13,710
Spaces/Acre
4.51
Year Built
1968

Investment Overview

Marcus & Millichap is pleased to present the Kennebec KOA, a 62-site RV Park in Kennebec, South Dakota located just off Interstate-90. Virtually located in the middle of the state, the Kennebec KOA is an ideal location for travelers to rest for a night or two as the journey from one destination to the next. Guests have the option to stay at RV sites, a cabin or tent sites. With land for expansion a new owner can also provide additional stay options for guests while increasing the revenue. The park consists of 44 total RV sites. Twenty-seven of the RV sites are full hook-up with 50-amp electrical service. There are an additional 17 RV sites at the campground that are water/electric sites. Seven of these sites provide 50-amp service with the remaining ten sites offering 30-amp. Another way to stay at the campground is the cabin rental. The cabin sleeps up to four guests providing a bunk bed and a full bed. The cabin has air conditioning and heat. Lastly, campers can experience the Kennebec KOA under the stars in one of their seventeen tent sites. Five of these tent sites include electric hook-ups. The Kennebec KOA is an ideal RV park for campers to stay and rest as they explore South Dakota and beyond. With its extremely close proximity to the interstate (approximately a quarter of a mile) guests don’t have to travel far when they are ready to get off the road for the day. In addition, highway traffic noise is not an issue as the highway is located well above the campground and trees dampen the sound. The Sturgis Rally is a big draw for the campground as guests traveling from distant locations will stop at the park on their way. While at the KOA, the park has plenty of amenities for its guests. Amenities include Wi-fi, laundry facilities, clean bathrooms and showers, a swimming pool and dog run. There’s also volleyball, a game room, basketball, and a pavilion for guests to enjoy.

Investment Highlights

  • Room for Expansion Long Full Hook-Up RV Sites
  • 10.48% Cap Rate
  • Ideal Location just off Interstate-90

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) SD: 17724

    South Dakota

Financing By

RV Park

Kennebec KOA

Listing Price: $850,000

Cap Rate
10.48%
Number of Spaces
62
Lot Size
13.76 acres
Occupancy
65.0%
Price/Space
$13,710
Spaces/Acre
4.51
Year Built
1968

Investment Highlights

  • Room for Expansion Long Full Hook-Up RV Sites
  • 10.48% Cap Rate
  • Ideal Location just off Interstate-90

Investment Overview

Marcus & Millichap is pleased to present the Kennebec KOA, a 62-site RV Park in Kennebec, South Dakota located just off Interstate-90. Virtually located in the middle of the state, the Kennebec KOA is an ideal location for travelers to rest for a night or two as the journey from one destination to the next. Guests have the option to stay at RV sites, a cabin or tent sites. With land for expansion a new owner can also provide additional stay options for guests while increasing the revenue. The park consists of 44 total RV sites. Twenty-seven of the RV sites are full hook-up with 50-amp electrical service. There are an additional 17 RV sites at the campground that are water/electric sites. Seven of these sites provide 50-amp service with the remaining ten sites offering 30-amp. Another way to stay at the campground is the cabin rental. The cabin sleeps up to four guests providing a bunk bed and a full bed. The cabin has air conditioning and heat. Lastly, campers can experience the Kennebec KOA under the stars in one of their seventeen tent sites. Five of these tent sites include electric hook-ups. The Kennebec KOA is an ideal RV park for campers to stay and rest as they explore South Dakota and beyond. With its extremely close proximity to the interstate (approximately a quarter of a mile) guests don’t have to travel far when they are ready to get off the road for the day. In addition, highway traffic noise is not an issue as the highway is located well above the campground and trees dampen the sound. The Sturgis Rally is a big draw for the campground as guests traveling from distant locations will stop at the park on their way. While at the KOA, the park has plenty of amenities for its guests. Amenities include Wi-fi, laundry facilities, clean bathrooms and showers, a swimming pool and dog run. There’s also volleyball, a game room, basketball, and a pavilion for guests to enjoy.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): SD: 17724

    South Dakota

Financing By

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