For Sale
$4,500,000

6353 Dixie HwyGlendale, KY 42740

High-Yield RV Park with New Infrastructure

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 72-lot RV park, situated on 8.49 acres at 6353 South Dixie Highway in Glendale, KY 42740, presents a compelling investment opportunity. Currently operating at 75% occupancy, the park boasts a strong NOI of $348,423 and a compelling 7.74% cap rate, with an asking price of $4,500,000. The property features all-new infrastructure less than a year old, including city sewer and water (master metered), gravel sites and roads, high-speed internet access, and full hook-up sites with both 30-amp and 50-amp electric service. Its convenient location off I-65 provides easy access for travelers. The Glendale area is experiencing significant growth fueled by new job creation from nearby large-scale battery factory construction, presenting a strong potential for increased occupancy and revenue through targeted marketing efforts. This turnkey operation offers a solid foundation for immediate income generation and future appreciation, making it an attractive investment in a thriving Kentucky market. The property's robust infrastructure minimizes ongoing maintenance concerns, allowing for a smooth transition for the new owner. This is a rare opportunity to acquire a well-maintained, high-performing RV park in a rapidly developing area.

Highlights

  • 72-site RV park.
  • Brand new infrastructure (less than one year old).
  • City sewer and water (master metered).
  • Gravel sites and roads.
  • High-speed internet access.
  • 30-amp and 50-amp electrical service.

Property Details for 6353 Dixie Hwy

Property type
Mobile home & RV parks, Campgrounds
Lot Size (sq. ft)
369,824 SF

Location Insight

City
Glendale
County
Hardin
State
Kentucky
Latitude
37.6043
Longitude
-85.863261
6353 Dixie Hwy, Glendale, Kentucky

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6353 Dixie Hwy
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