Campgrounds for Sale in Iowa

TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT JACOB LEWIS WITH ANY QUESTIONS JACOBL@MHPVALUE.COM The MHP Value Team is pleased to offer for sale Oaks Mobile Home & RV Park, a 36-site community located in Independence IA. This property currently operates with 17 occupied lot renters paying $385/M, 6 long-term RV sites paying $225/M, 3 rent-to-own units paying $723/M on average, 3 occupied park-owned homes paying $728/M on average, 1 single-family home rented for $900/M, and 6 vacant lots all equipped with full infrastructure. Oaks MHP presents an attractive opportunity to acquire a cash-flowing manufactured housing community in Independence, Iowa which offers investors an attractive entry Cap rate of 10.57%, while also offering stable in- place cash flow of 15.56% CoC Returns. A new owner can grow NOI through rent increases, occupancy improvements, and utility reimbursement, providing clear opportunities to increase cash flow over the hold period. Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.

Woody's Campground by the Lake is a recently constructed hidden gem offering new ownership substantial upside. This 12 lot RV Park was constructed in 2021 and designed to accommodate both short term and long term patrons. Each RV lot features cement pads and full utility hookups, including sanitary. Monthly rates are currently set at $390, following a $5 increase from the previous year. This property has low overhead costs and minimal maintenance needs, which offers new ownership considerable upside. Woody’s is located along the highly traveled Avenue of the Saints, and is adjacent to the City run RV Park and 11+ acre Lake which draws a heavy tourism crowd.