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RV Park

Lake Louise RV Resort

8840 IL-2, Byron, IL 61010

Listing Price: $3,800,000

Cap Rate
6.77%
Number of Spaces
284
Lot Size
62.20 acres
Occupancy
100.0%
Price/Space
$13,380
Spaces/Acre
4.57
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire two RV communities located in Illinois and Indiana. The portfolio contains a total of 560 sites, of which, 470 are full hook-up, 70 have water and electric and the remaining 20 are primitive sites. All of the resorts boast a full amenities package. Oak Lake RV Resort is located in Fair Oaks, Indiana (approximately 70 miles south of Chicago) on approximately 68 acres. The family resort contains 276 sites, of which 233 are full hook-up, 37 have water and electric and the remaining six are primitive. Oak Lake RV Resort provides its visitors with a variety of amenities including a laundry facility, convenience store, playground, fishing lake, swimming lake, volleyball court, and walking trails. Lake Louise RV Resort is on approximately 62 acres and surrounds a 13 acre lake located in Byron, Illinois. The resort has 286 total sites (237 full hook-up, 33 water and electric, 16 primitive and two stick built homes). Visitors are able to enjoy a basketball and volleyball court, horseshoes, laundry facility, picnic area, playground, spa, swimming pool and lake. Per GoRVing, RV ownership has increased over 62 percent in the last twenty years with a record 11.2 million RV owning households. Additionally, an incredible 9.6 million households intend to buy an RV within the next five years.

Investment Highlights

  • Opportunity to Acquire an RV Portfolio in Illinois and Indiana
  • Two All-Age RV Resorts Containing a Total of 560 Sites | One Resort is Located Northwest of the Chicago MSA While the Other is Southeast
  • Per GoRVing, RV Ownership has Increased Over 62 in the Last Twenty Years with a Record 11.2 Million RV Owning Households
  • Additionally 9.6 Million Households Intend to Buy an RV Within the Next Five Years

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

RV Park

Lake Louise RV Resort

Listing Price: $3,800,000

Cap Rate
6.77%
Number of Spaces
284
Lot Size
62.20 acres
Occupancy
100.0%
Price/Space
$13,380
Spaces/Acre
4.57
Year Built
1980

Investment Highlights

  • Opportunity to Acquire an RV Portfolio in Illinois and Indiana
  • Two All-Age RV Resorts Containing a Total of 560 Sites | One Resort is Located Northwest of the Chicago MSA While the Other is Southeast
  • Per GoRVing, RV Ownership has Increased Over 62 in the Last Twenty Years with a Record 11.2 Million RV Owning Households
  • Additionally 9.6 Million Households Intend to Buy an RV Within the Next Five Years

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire two RV communities located in Illinois and Indiana. The portfolio contains a total of 560 sites, of which, 470 are full hook-up, 70 have water and electric and the remaining 20 are primitive sites. All of the resorts boast a full amenities package. Oak Lake RV Resort is located in Fair Oaks, Indiana (approximately 70 miles south of Chicago) on approximately 68 acres. The family resort contains 276 sites, of which 233 are full hook-up, 37 have water and electric and the remaining six are primitive. Oak Lake RV Resort provides its visitors with a variety of amenities including a laundry facility, convenience store, playground, fishing lake, swimming lake, volleyball court, and walking trails. Lake Louise RV Resort is on approximately 62 acres and surrounds a 13 acre lake located in Byron, Illinois. The resort has 286 total sites (237 full hook-up, 33 water and electric, 16 primitive and two stick built homes). Visitors are able to enjoy a basketball and volleyball court, horseshoes, laundry facility, picnic area, playground, spa, swimming pool and lake. Per GoRVing, RV ownership has increased over 62 percent in the last twenty years with a record 11.2 million RV owning households. Additionally, an incredible 9.6 million households intend to buy an RV within the next five years.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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