The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio
$1.3MSomerset, Pulaski County, Kentucky
</li></ol><p></p>
Asking Price
$1.3M
Sites
4
Acreage
12.5 acres
Request full financials & broker intro
Get full listing details and a direct introduction to the listing broker — free.
Already a Parkvestor member? Unlock instantly
Frequently Asked Questions
How much does The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio cost?▾
The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio is listed at $1.3M. Request full financials through Parkvestor for a direct introduction to the listing broker.
How many sites does The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio have?▾
The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio has approximately 4 sites across 12.5 acres in Somerset, Kentucky.
What type of property is The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio?▾
The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio is a RV park located in Somerset, Kentucky, currently listed for sale.
Where is The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio located?▾
The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio is located in Somerset, Kentucky. Browse more RV parks for sale in Kentucky on Parkvestor.
How do I get more information about The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio?▾
Submit the broker intro request on this page. Parkvestor connects you directly with the listing broker for The Lost Lodge: 12.5-Acre Asset & Adaptive Reuse Portfolio at no cost — no account required.
Thinking about selling your park in Kentucky?
Get a confidential valuation and connect with qualified buyers. No obligation, no pressure.
More RV Parks for Sale in Kentucky
Heartland RV Park
$1.1M<p><strong>Campfire Capital Group is pleased to exclusively present Heartland RV Park</strong>, an established ±100-site, full-hookup RV park located in Campbellsville, Kentucky, just minutes from Green River Lake and Green River Marina.</p><p>The property features full-hookup RV sites with water, sewer, and 20/30/50-amp electric service, along with property-wide Wi-Fi, picnic areas, fire pits, and a playground. Heartland serves a diverse customer base spanning nightly, seasonal, extended-stay, and lake-driven recreational demand.</p><p>Heartland generated <strong>$168,900 in gross income and $119,112 in NOI during 2025</strong>, providing meaningful in-place cash flow with a clear path to additional growth. A new operator has the opportunity to increase occupancy, implement professional revenue management and dynamic pricing, expand online marketing and booking capabilities, and grow seasonal, extended-stay, and ancillary revenue streams. </p><p>Located approximately <strong>1.5 hours from Louisville, Lexington, and Bowling Green</strong>, the property benefits from a broad regional customer base while Green River Lake serves as a major recreational demand driver. Campbellsville University, regional healthcare, manufacturing, and other local employers provide additional year-round demand.</p><p>The property is offered at <strong>$1,150,000</strong>, representing an approximately <strong>10.36% cap rate on 2025 actual NOI</strong>. <strong>Seller financing is available, with approximately $750,000 down preferred</strong>, while interest rate, amortization, maturity, and other terms remain negotiable. </p><p>Heartland RV Park offers investors the opportunity to acquire an established, cash-flowing outdoor-hospitality asset at an attractive going-in yield with meaningful operational upside in one of Central Kentucky’s primary lake-recreation markets.</p>
City View MHP
$300K<p><strong>KNOX COUNTY, KY -</strong> The MHP Broker is pleased to present City View MHP, a value-add mobile home park and redevelopment opportunity located in Barbourville, Kentucky, the county seat of Knox County. The property consists of approximately 43 existing and potential mobile home/RV sites situated across multiple parcels totaling approximately 3.87 acres.</p><p> </p><p>Offered at a reduced list price of $300,000, the investment presents an attractive basis relative to replacement cost and offers significant upside through park stabilization, infill, redevelopment, and operational improvements.</p><p> </p><p>The property is served by city water and sewer, with infrastructure already in place throughout the community. Historically operated as a mobile home park for decades, portions of the property may benefit from longstanding nonconforming or grandfathered use status; however, buyers are encouraged to independently verify zoning, grandfathering, floodplain considerations, density allowances, and future intended use with the City of Barbourville and Knox County during due diligence.</p><p> </p><p>The opportunity is best suited for experienced operators, redevelopment-focused investors, or groups comfortable navigating entitlement, zoning, and infill execution strategies. With a low basis, existing infrastructure, and multiple potential paths to value creation, City View MHP offers a unique repositioning opportunity within an affordable housing sector that continues to see strong long-term demand.</p><p> </p><p>The park presently has 2 occupied POH generating $865 and $600 respectively. Additionally, the property contains 19 vacant POH in unsalvageable condition that can be removed to unlock significant redevelopment upside. Upon removal, the park will offer 41 vacant pads ready for new home installation. Internal roads throughout the community are paved but will require improvement. The area benefits from stable employment drivers including healthcare, education, manufacturing, logistics, and government services, with major employers such as Barbourville ARH Hospital, Union College, Knox County Schools, and regional employers in nearby Corbin.</p><p> </p><p>This offering represents a compelling value-add and infill investment supported by strong affordable housing and workforce housing demand. HUD and Section 8 rent benchmarks in the area materially exceed current lot rents, providing meaningful upside while maintaining affordability for residents. With existing utility infrastructure, flexible zoning, and durable employment fundamentals, the property offers a clear path to infill execution, rent growth, and long-term cash flow stabilization.</p>