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    N20490 Town Park Rd Fence, WI 54120

    For Sale
    $1,950,000

    Wisconsin RV Park, 112 Sites, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a thriving 112-site RV park nestled on 32.89 acres in Fence, Wisconsin. The property includes seven cabins and two rental campers, offering diverse revenue streams. A substantial 10-acre undeveloped portion presents significant expansion potential. The existing infrastructure includes ten buildings, a three-bedroom, two-bathroom home constructed in 2014, and a 30' x 40' pole building. Its prime location adjacent to Lake Hilbert Township Park provides convenient access to park amenities and attracts additional customers to the on-site restaurant and camp store, which boasts impressive ice cream and food sales. The campground's proximity to the county ATV trail further enhances its appeal to outdoor enthusiasts. Currently operating with low seasonal rates of $1,600, this established business offers considerable upside for increased profitability without significant added expenses. The property is zoned commercial and features a total of 121 units. This well-maintained campground presents a compelling investment opportunity with strong potential for growth and return. The asking price is $1,950,000. The property's APN is 012-01167.005.

    Property Features for N20490 Town Park Rd

    General Information

    Property type
    Multifamily properties
    Class
    C
    Lot Size
    1,432,688 SF

    Building Details

    Buildings
    10
    Stories
    1
    Units
    121

    HighLights

    • Asking Price: $1,950,000
    • Property Type: Multifamily RV Park with 121 units (112 pads, 7 cabins, 2 rental campers) on 32.89 acres
    • Improvements: Includes a 3‑bedroom, 2‑bathroom home (built 2014) and a 30'x40' pole building.
    • Amenities: Restaurant and camp store on‑site, adjacent to Lake Hilbert Township Park, and located near a county ATV trail.
    • Zoning: Commercially zoned.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lake Hilbert Campground Campground

    Map

    City
    Fence
    County
    Marinette
    State
    Wisconsin
    Longitude
    -88.397099
    Latitude
    45.706421

    Nearby Comparable

    • $1,950,000

      Lake Hilbert Campground For Sale

      32+ acre campground with 112 campsites, cabins, and restaurant.
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      Lake Hilbert Campground: Prime Investment

      Established Campground, 32 Acres, High Revenue
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    Nearby Similar for Sale

    • $1,950,000

      Lake Hilbert Campground For Sale

      32+ acre campground with 112 campsites, cabins, and restaurant.
      N20490 Town Park Rd, Fence, WI 54120
      View Details
    • $1,950,000
      32.89 Acres

      Lake Hilbert Campground: Prime Investment

      Established Campground, 32 Acres, High Revenue
      N20490 Town Park Rd, Fence, WI 54120
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Wisconsin RV Park, 112 Sites, High Potential
    Where is this multifamily property located?
    The property is located at N20490 Town Park Rd Fence, WI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: Asking Price: $1,950,000; Property Type: Multifamily RV Park with 121 units (112 pads, 7 cabins, 2 rental campers) on 32.89 acres; Improvements: Includes a 3-bedroom, 2-bathroom home (built 2014) and a 30'x40' pole building.
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    Fence, WI 54120
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N20490 Town Park Rd Fence, WI 54120
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