DARRELL HESS & ASSOCIATES:  Over 300 parks SOLD!  WHY?
We educate buyers and sellers so they can make an intelligent, informed decision.
After all, we are dealing with a buyers life savings and a sellers retirement.

STATISTICS OF RV PARKS 
and CAMPGROUNDS SOLD

We all know that the economy is in turmoil and the market has changed.  Therefore, we are now providing averages from 2 databases for you to consider, 1990-2002 and 2003-2008.  How has the changing market affected prices?  You will see that from these stats.  The database of 1990-2002 contains 169 parks sold and 2003-2008 contains 78 parks.  Plus, we'll share the Stats for parks sold from 2009 thru current year to date.  Keep in mind these are averages

 We have kept statistics during our 30+ years involvement in the campground industry.  Included in this analysis are overnight parks and destination resorts, franchised parks as well as independent parks.  Some were sold by real estate brokers and some were sold directly by the owner.

 Even though no two campgrounds are alike, there are many similar characteristics and common denominators.  We have broken these measurable common sold denominators into 4 benchmarks as explained below.

 
These are averages.  Some parks sell for more, others for less, but this is a good snap shot of pricing.

Statistics of RV Parks
 and Campgrounds Sold

  1. Average Downpayment as a % to Sales Price: 
    This is the average amount of downpayment paid as a percentage of the total sales price.

  2. Average Gross Income Multiplier (GIM): 
    The income multiplier shows the ratio of the campground's sales price to it's gross income and automatically adjusts for the dollar volume the park is doing.  The figure was calculated by dividing the actual price of the campgrounds sold by their reported gross income.  When applying this average to a campground you are considering, you will multiply it by the gross income to get an estimation of sales price range.

  3. Average Price Per Site (PPS):
    This is what parks have sold for on a sales price per site basis and takes into account the size of the park.  This average was found by dividing the campground sales price by the total number of designated sites (we did not include overflow sites or group areas).  When applying this average to a campground you are considering, you will multiply this figure by the number of sites to get an estimation of sales price range.

  4. Average Gross Income Per Site (GPS): 
    This measures gross income on a per site basis.  This multiplier was calculated by dividing the total gross income of each campground (site revenue, store revenue, etc.) by the total number of designated sites.  This figure will help you determine if the park you are considering is doing more or less income per site than the average park.

Cost:  $100  We accept Visa and MasterCard.  

 

Statistics of RV Parks and Campgrounds Sold

Average of All  Parks Sold

 

 

1.  % Downpayment to Sales Price

%

2.  Average Gross Income Multiplier (GIM)

 

3.  Average Price Per Site (PPS)

$

4.  Average Gross Income Per Site (GPS)

$

 

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