Chris KoernerSerial Entrepreneur and Content Creator

Guess where I found this insane rv park deal #rvparks #rvparkinvesting #realestateinvesting

11 Apr 2024 · 1 min

Watch on YouTube

0:41

Short YouTube video (40 seconds) by Chris Koerner describing a highly profitable RV park purchase in West Texas. Koerner recounts seeing the property, buying it on the spot, and gives concrete deal metrics (16 pads, $600/month, $125,000 purchase, ~40% cap rate) and sourcing advice (Craigslist, Facebook Marketplace). The clip promises tips for finding similar deals.

Questions this video answers

16 pad sites.

$600 per month.

$125,000.

40% cap rate (stated as cap rate = net operating income / purchase price).

He drove five hours to West Texas.

Chapters

This is the most profitable RV park I've ever bought. And at the end of this 40 second video, I'm going to tell you how you can find ones this profitable. I found this and the day I saw it, I called the guy. I said, I want to come see it today. I brought earnest money and a contract. I drove five hours out to West Texas. I saw it, I shook his hand and I bought it on the spot. It is 16 pad sites, $600 a month rent, and it was fully occupied. I paid 125 grand for it, which is a 40% cap rate, which also means 40% ROI. It's the net operating income divided by the purchase price. I found this sucker on Craigslist of all places. Craigslist and Facebook Marketplace have the best deals. Follow me for more tips like this.