Key Success Factors
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.