Embrace the opportunity to own a prime piece of real estate surrounded by national forests. Silverton is situated in the heart of the majestic San Juan Mountains at a breathtaking elevation of 9,318 feet, offering guests an unforgettable mountain getaway experience. With proximity to Durango, Ouray, and Telluride, this sought-after destination promises not only a cool retreat but also access to thrilling outdoor activities such as OHV routes, 4x4 trails, hiking, and biking.
South Park
Located in the heart of Silverton, this 1.28-acre section offers a peaceful setting alongside Cement Creek. It includes 17 full hookup RV sites and 1 large historic cabin. Amenities include a laundry room, bathhouses for men and women, and is within a 5-minute walk to local shops and hiking trails.
Main Park
Situated just outside of town on 12.46 acres, this area provides direct access to the famous OHV routes and 4x4 trails that attract visitors from around the world. The main location features, 13 cabins ranging from rustic to luxurious, 16 tent sites, 25 Dry camping RV Sites, 51 Full hook up sites, and 5 Water and electric RV sites, 2 bathhouses, a laundry room, and a general gift shop/office. Additional offerings include a sluice for rock mining, electric bike rentals, fire pit rentals, and the Animas River flowing along the property’s edge.
Financial
Silverton Lakes RV Park has demonstrated steady financial growth despite a challenging market. From 2021 to 2023, occupancy decreased by 13%, but income increased by 8.4%. In 2024, both occupancy and income are expected to rise by 3-5%.
2021 Gross Income: $741,000
2022 Gross Income: $780,240
2023 Gross Income: $811,385
2024 Gross Income: $864,829
Recent improvements include a renovated main bathhouse, exterior painting of the South Park main building, and window replacements in the main building.
Opportunities for Growth:
There are numerous untapped opportunities to further increase revenue and value:
Advertising: Implementing a targeted advertising campaign could significantly boost occupancy rates.
Food & Beverage Sales: Obtaining a liquor license and introducing a food truck could enhance guest experience and increase income.
Year-Round Operations: The South Park location, with minor adjustments, could operate year-round, catering to winter enthusiasts.
Development Potential: The main park could see added value by converting smaller RV sites into additional cabins.
Guest Demographics:
Current guests primarily include OHV and Jeep enthusiasts, outdoor adventurers, and those seeking a respite from the heat in nearby states such as Arizona, New Mexico, Utah, and Texas. Silverton's cooler temperatures, even in August, offer a unique advantage over nearby destinations.
