Central Florida Location Surrounded by 100 Lakes
Business Strategy
Sebring Florida is the ideal site for a Destination Luxury RV Resort, with full amenities. There is nearly a 100% success rate in “built-for-rent” RV Resorts. Our entire model and returns are based on a for-rent model.
Any destination snowbird RV park in Florida of quality and size, which have been operational for a couple years, are full and turning away clients from December through April with a waiting list.
Sebring is centrally located in Highlands County, the 14th largest county in Florida, with more than 100 lakes, including the state’s fifth largest lake. Besides water activities to enjoy fishing, boating, and watersports, there are 16 award-winning golf courses (reasonably priced) in addition to theaters, arts, museums, restaurants, shopping biking and hiking in the legendary Highlands Hammock State Park, one of the oldest in Florida. Sebring is also home to the world-renowned Sebring International Raceway where each March the famous 12 hours of Sebring thrills race enthusiasts who travel to Sebring from around the world..
Key Success Factors
Experienced RV Resort developer and management team
Good exit strategy options. Extremely low cap rates range from 4-4.5 for new RV resorts.
The Florida Association of RV Parks and Campgrounds recently reported the following:
- Exceptionally low vacancy rates in competing market and state
- 40 million people stayed in an RV park or campground last year
- Approximately 5.5 million campers camp in Florida annually
- Florida campers spend $5+ billion annually on camping. An economic impact of $15 billion for Florida
- High demand for new RV Resorts from publicly traded companies, REITs and existing Resort investors
Executive Summary
Subject property is a 100+ acre parcel with an approved site plan allowing up to 687 RV sites. Initial development plans are for approximately 562 sites. The estimated all in (hard and soft costs) is $26,775,380.
Own, Sell, Buy – There is no better time than NOW to be in the RV Park and Campground business
- The RVing and Camping Movement is More Popular then Ever and still growing
- RV ownership has reached record levels – Over nine million households own an RV – the highest level ever recorded – a 16% increase since 2001 and a 64% gain since 1980.
- EVERY GENERATION LOVES TO RV! It’s not only for retirees or outdoor adventurers – Millennials have pushed RV sales to record highs, and as Baby Boomers age they are expected to push sales even higher!
- People are yearning for a different American Dream
- RVing helps people live healthier, happier and more simple lives
- RV parks and campgrounds, and RVing, help support an active and balanced lifestyle and encourage quality time with friends and family
- RVing is more cost-effective and comfortable than other forms of travel
- Staying connected by internet, and working out of an RV, is now easy in an RV park.
- RV park communities bring RVers together in a safe and friendly environment
- According to the 2019 North American Camping Report, the percentage of campers who camp at least three times per year has increased by 72 percent since 2014
- RVs provide a slice of home ownership (at a fraction of the cost). Camping allows you to have your stuff and your “home” with you and provides freedom of road travel
- Peer-to-peer RV Rentals are helping make RVs more accessible to millions of people
Florida is the number one destination in the world for camping, RVing and Outdoor Accommodations
- Florida has more RV parks and Campgrounds then any other state in the Nation. With over 1,260 parks statewide and over 150,000 camping and RV sites.
- Florida has experience record breaking growth in RV park development and expansion – with an estimated 30+ park, and 3,000+ sites being built since 2017.
- 2 out of every 10 visitors camp or RV in Florida.
- Florida’s Outdoor Hospitality Industry offers accommodations and experiences for every traveler – including luxury and natural camping sites and RV resorts, cabin and cottages rentals, tree houses, yurts, and glamping tents.
- Over 6 million campers and RVers vacation in Florida every year.
- Continued Growth is Expected. Record-breaking Florida visitation, a healthy economy, strong RV sales, NEW and improved RV park and camping facilities, and increasing demand for fun experiences, adventure travel, ecofriendly vacations, and alternative accommodations point to continued long-term growth.
Florida Association of RV Parks & Campgrounds
1340 Vickers Road, Tallahassee, FL 32303