RV Park

Minneapolis Southwest KOA

3315 W 166th St, Jordan, MN 55352

Listing Price: $1,615,000

Cap Rate
11.45%
Number of Spaces
117
Lot Size
11.47 acres
Occupancy
60.0%
Price/Space
$13,803
Spaces/Acre
10.20
Year Built
1972

Investment Overview

The Minneapolis Southwest KOA is a 117-site RV park in Jordan, Minnesota just a 35-minute ride away from downtown Minneapolis and just 30 minutes to Mall of America and Minneapolis-Saint Paul International Airport. This extremely popular campground provides RV owners and campers with multiple ways to vacation for a night, a week or on a monthly basis from the middle of April to October. The property is equipped with numerous RV site options, one-room, two-room and deluxe cabins as well tent site with electric hook-ups. The RV resort offers a total of 117-RV sites. Of the 117 sites, 83 are RV sites. 44 RV sites offer campers full hook-ups. Of these 44 sites, 18 are 30-amp and 26 are 50-amp. All the 30-amp full hook-up sites are pull through while 11 of the 50-amp sites are pull through with the remaining 15 being back-in. The remaining 39 RV sites provide guests with water and electric hook-ups. 24 of these sites are pull through and 15 are back. The park also offers eight different cabin options. Four of these cabins are one-room with a double bed and a bunk bed set sleeping up to four guests. All four of these cabins have heating and air conditioning along with a fire ring and picnic table outside. Two of the eight cabins are two-room cabins with a double bed in one room and two sets of bunks in the other. These cabins sleep up to six campers and also come with heating, air conditioning, a fire ring a picnic table. The remaining two cabins are deluxe style. These provide guests with a queen bed and a bunk bed set. They are also equipped with a full bath, small refrigerator, microwave, coffee pot, toaster and small dining table. Lastly, there are 26 tent sites that offer electric hook-ups. The Minneapolis Southwest KOA is located about a 30-minute car ride from downtown Minneapolis. According to censusreporter.org the population in Minneapolis is 425,395 and in the Minneapolis metro area the population is reported at 3,629,120. The park provides easy access to Minnesota sporting events such as Target Field, Target Center and US Bank Stadium and all downtown Minneapolis has to offer. In addition, the park is near the popular tourist attraction Mall of America. While at the park guests have access to a variety of amenities including wi-fi, laundry facilities open 24 hours, two playgrounds, heated indoor swimming pool, dog park and convenience store. Other amenities include bike rentals, mini golf, volleyball and basketball.

Investment Highlights

  • Located 30 Minutes South of Minneapolis with Metro Population of 3,629,120
  • 11.45% Cap Rate
  • 20.54% Cash on Cash Return

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    License(s): MN: 40583288

    Minnesota

RV Park

Minneapolis Southwest KOA

Listing Price: $1,615,000

Cap Rate
11.45%
Number of Spaces
117
Lot Size
11.47 acres
Occupancy
60.0%
Price/Space
$13,803
Spaces/Acre
10.20
Year Built
1972

Investment Highlights

  • Located 30 Minutes South of Minneapolis with Metro Population of 3,629,120
  • 11.45% Cap Rate
  • 20.54% Cash on Cash Return

Investment Overview

The Minneapolis Southwest KOA is a 117-site RV park in Jordan, Minnesota just a 35-minute ride away from downtown Minneapolis and just 30 minutes to Mall of America and Minneapolis-Saint Paul International Airport. This extremely popular campground provides RV owners and campers with multiple ways to vacation for a night, a week or on a monthly basis from the middle of April to October. The property is equipped with numerous RV site options, one-room, two-room and deluxe cabins as well tent site with electric hook-ups. The RV resort offers a total of 117-RV sites. Of the 117 sites, 83 are RV sites. 44 RV sites offer campers full hook-ups. Of these 44 sites, 18 are 30-amp and 26 are 50-amp. All the 30-amp full hook-up sites are pull through while 11 of the 50-amp sites are pull through with the remaining 15 being back-in. The remaining 39 RV sites provide guests with water and electric hook-ups. 24 of these sites are pull through and 15 are back. The park also offers eight different cabin options. Four of these cabins are one-room with a double bed and a bunk bed set sleeping up to four guests. All four of these cabins have heating and air conditioning along with a fire ring and picnic table outside. Two of the eight cabins are two-room cabins with a double bed in one room and two sets of bunks in the other. These cabins sleep up to six campers and also come with heating, air conditioning, a fire ring a picnic table. The remaining two cabins are deluxe style. These provide guests with a queen bed and a bunk bed set. They are also equipped with a full bath, small refrigerator, microwave, coffee pot, toaster and small dining table. Lastly, there are 26 tent sites that offer electric hook-ups. The Minneapolis Southwest KOA is located about a 30-minute car ride from downtown Minneapolis. According to censusreporter.org the population in Minneapolis is 425,395 and in the Minneapolis metro area the population is reported at 3,629,120. The park provides easy access to Minnesota sporting events such as Target Field, Target Center and US Bank Stadium and all downtown Minneapolis has to offer. In addition, the park is near the popular tourist attraction Mall of America. While at the park guests have access to a variety of amenities including wi-fi, laundry facilities open 24 hours, two playgrounds, heated indoor swimming pool, dog park and convenience store. Other amenities include bike rentals, mini golf, volleyball and basketball.

Exclusively Listed By

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    License(s): MN: 40583288

    Minnesota

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