Virginia RV Resort For Sale
Stabilized Property with Expansion Capability
List Price
9.54 %
Cap Rate
Investment Summary
  • The Intrepid Group is excited to present the opportunity to share Lake Ridge RV Resort to qualified buyers. This is a great opportunity for a buyer to take over operations of this already well performing park.
  • Resort gives a new owner the opportunity to increase revenue by putting their own management systems in place and taking advantage of the new reservation system that the seller has put in place.
  • Lake Ridge was bought by the seller in 2006 and has been improved yearly since the duration of their ownership.
  • Property sites on a total of 83 acres with a 4.5 acre private lake for guests to enjoy.
  • Per seller, there is room to add additional site and park models to efficiently increase revenue to the park.
  • Opportunity gives a new owner the ability to implement their own management systems into the operation as well as take advantage of the many upside opportunities this property is capable of.
  • Reason for selling - Owner is looking to retire and therefore is offering this property at a very aggressive price to attract buyers in hopes for a quick close.
  • Current HOA in place for individually owned sites, but current owner is control of the HOA with their majority ownership.
Location Summary
  • Lake Ridge is strategically located within a short drive of many large cities and is close to the state border of North Carolina and Tennessee.
  • Roanoke, VA - 1 hour and 15 minutes or 76 miles
  • Charlotte, NC - 1 hour and 55 minutes or 122 miles.
  • Greensboro, NC - 1 hour and 40 minutes or 99 miles.
  • Knoxville, TN - 3 hour drive or 214 miles.
Call Today!
  • Call The Intrepid Group today to learn more and discuss this opportunity that will not last long.
Peter Meyer
(713) 320-9651
Lic: 0531067
Randy Hendrickson
(805) 551-0486