Midwest MHC Brokers is proud to be the exclusive listing representative for a first mover opportunity to develop a large and fully functioning RV Park outside of Hamilton, Missouri.
This development land consists of multiple contiguous parcels totaling 112 acres (m/l) to develop a fully functioning RV park with on site amenities, permanent manager’s residence, storage, and more all located on the upcoming Little Otter Creek Reservoir.
The current owner’s plan consists of 40 acres with water on site and remaining utilities nearby. The property is accessible via hard surface county maintained roads, making it a perfect location for an RV park, as well as RV and boat storage. Current plans are for 180 RV sites with full hookups, excluding sewer. The current ownership planned to put a dump site at the top of the hill on site, so as to lessen the chance of any sewage being drained into the lake.
The property in its current state has a well maintained single family residence (built in 2005) that would serve well for a full time manager or an AirBNB for additional income.
Two large pole buildings are on site that could easily be converted into a bar and restaurant, as well as storage for kayaks, canoes, and other recreational rentals to complement the property’s proximity to the lake. The property features two large stocked ponds for fishing and light recreation that would work well for green space for campers and their families.
The north end of property currently has a barn, but would be a great area to build high fence boat and RV storage, as well as individual storage units, making the property more convenient for returning customers.
Lake Details
The US Army Corps of Engineers is currently developing a 900 m/l recreational lake area that will join the western portion of the park. There are currently no other RV parks near the lake and due to current land consolidation by the local farming community, it is not likely to have future competition in the immediate area. This offers a developer a unique opportunity to develop a profitable RV park with multiple amenities and several sources of income.
The US Corps of Engineers has planned to put in a boat launch on the Eastern edge of the lake, which will be located within 1/8 mile of the RV Park development. They are also putting in walking and horseback riding trails along the lake, making the project a diverse recreational project that will bring additional tourism to the area.
Pre-Existing Building Information
There are two pole buildings located near the current owners home at the eastern portion of the parcels. One building is 48'x72' and the other is 50'x70'. The 48'x72' building is half finished with a partial kitchen and the entire building is heated by a commercial grade heater. The 50'x70' building is all unfinished with recessed trusses that range from 12' to 16'. This building could be converted into storage units for repeat campers that chose to store equipment or recreational items on-site.
There is a vacant mobile home site near the 48' pole building that is complete with all utility hook-ups. These could be tapped into if the pole building was remodeled into a community center or entertainment center for campers.
In addition, there is a gazebo near one of the ponds on-site that has electric hook-ups. This area would be a perfect picnic area for campers to utilize the green space that is along the pond.
The current owners live on-site in a 4-bedroom/3-bathroom home with a 4 car attached garage. This could serve as an office, on-site manager's quarters, and/or an AirBnB style rental for additional income.
Local RV Comps
RV Parks within the city of Hamilton and comparable towns in the area range from $35-$40 per night. With the newer design, higher scale proposed amenities, and the property's proximity to the lake, a developer will be able to attain higher nightly rates.
Seller Financing
Seller Financing is available to qualified investors. Sellers prefer 20-25% or more down and are negotiable on other terms. Contact Broker for additional details.
Hamilton, MO
This development land is located in Hamilton, MO. Hamilton is the home of the Missouri Star Quilt Company which has grown into a $20 Million per year business. The business brings over 8,000 tourists to the area each month.
The proposed park will be less than an hour from the Kansas city Metro (Pop. 2,100,000) and will be only 16 miles from Interstate 35, making it a convenient destination for many campers and outdoor enthusiasts.
The city of Hamilton currently has only two small RV parks, which are not sufficient for the amount of local tourism. The current lake development will bring additional tourism through both lake recreation, as well as new bike and horse trails.
This RV Development offers a unique first mover opportunity with high barriers to entry for future developers due to the consolidation of land ownership adjoining the lake by the local farming community.