Ocala North RV Resort

12-10-2021
12-10-2021

16905 NW Hwy 225, Reddick, FL 32686

  • ​10 / 10 / 10 Good Sam Rating
  • ​New Private Well / New Private Waste Water Treatment Plant
  • ​There is an additional 15-site expansion opprtunity
  • ​Opportunity to purchase a Class-A, five star RV resort prior to full stabilization at a discount to market value.
  • ​The RV resort consists of 184 legacy sites and 201 new sites that were completed in 2021. 
  • ​Approximately 50% of sites are large pull-thrus - no other RV park in the area is as Big-Rig friendly

Property Description

Ocala North RV Resort is a 385-site resort with five star amenities spanning 74 acres, located in a shaded and serene setting in Florida’s Horse Country, within 15 miles of the World Equestrian Center, with major frontage along I-75 in Central Florida.​

The asking price for the resort is $27,000,000 ($70,100/site).​ 

The property is underwritten at a 8.4% untrended, stabilized cap rate.​ 

There is also an opportunity to purchase a larger RV portfolio inclusive of 1,000+ RV sites.​ 

For more Information on this opportunity, please contact Bill Haldane at Bill.​Haldane@colliers.​com or MHRVGroup@colliers.​com.​

Key Property Information

Listing Status
Available
Listing Type
Call for offers
Multifamily type
Mobile Home/ RV Community
Price
$ 27,000,000
No. of Units
385
Cap Rate
8.4%
Lot Size
3,237,379.2 Sq ft
Opportunity Zone
Off
Price per unit
$ 70,130
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