Investment Overview

Green Tree Lodge and RV Park is a 33-site campground located in Eureka Springs, Arkansas. The campground consists of 24 RV spaces (2 RV spaces are used for the Camp Store and Bunkhouse), 8 Cabins, 1 Park Owned RV, and 2 Storm Shelters. It also offers amenities that include a camp store, on-site laundry, swimming pool, and a clubhouse with many different games and activities. The property operates on city water and septic sewer, and the park currently pays for all the utilities. Eureka Springs is a city in the Ozark Mountains of northwest Arkansas. It is known for its incredible Victorian architecture, arts, antiques, and natural beauty. Eureka Springs showcases over 100 festivals and events every year. Carroll County and Eureka Springs host over 750,000 visitors every year, with March through December being peak months for visitors. Other attractions include Thorncrown Chapel, Ozark Mountain Ziplines, Blue Spring Heritage Center, Christ of the Ozarks, Intrigue Theater, Turpentine Creek Wildlife Refuge, and the Crescent Hotel, “Americas Most Haunted Hotel” that conducts ghost tours all year round. Green Tree Lodge and RV Park has one of the largest highway frontages in city limits. It is also located just 2 miles from downtown Eureka Springs, Lake Leatherwood and offers quick access to the Arkansas Trolly. There is a management team that operates the campground during the peak season and one person that manages during the winter season. The management team would be open to staying onboard for the new ownership. The property is being offered at a day one cap rate of 8.96 percent and a pro forma cap rate of 10.79 percent.