Investment Overview

Marcus & Millichap is pleased to present Elk City / Clinton KOA Journey, a 96-space RV park in Foss, OK. This park is located off I-40 (formally known as the historic Route 66) in between Elk City and Clinton. The Park offers shaded level sites and is within walking distance of Clinton Lake that is primarily used for fishing. The property also attracts short term travelers experiencing the nostalgic journey of Route 66. Elk City / Clinton KOA Journey is being offered at an 11.01 percent capitalization rate with an estimated net operating income of $209,276. The Park is open all year and features 67 full-service RV sites, 4 basic cabins, 3 deluxe cabins, 9 tent sites with electric, 13 tent sites without electric, pool, playground, dog park, laundry, restaurant, bar, convenient store, bath house, apartment above the main building, and a mobile home that requires renovation. The Park historically operates between 55-65 percent occupancy year around. The Park charges a monthly rate of $450-$500, weekly rate of $200-$250, and a daily rate of $45.75-$48.75. Majority of the income comes from the weekly and daily traffic. The Park runs on city water and septic. The water, sewer, trash, and electricity are all included in rent. Please do not visit park without prior approval. Please arrange property tours with Marcus & Millichap listing agents.