2444 River Rim Rd Loveland, CO 80537
- Mobile home & RV parks
- 25.00 lot acres
Current Use by Public Records
- Riverview RV Park / Campground / Rv Park
- Neighborhood Music Lessons / Music Instructor
- Riverview RV Park and Campground / Campground
Property Details for 2444 River Rim Rd
- Year built
- 1966
- Lot size
- 25.00 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
Exceptional investment opportunity: Riverview RV Park & Campground, a 159-unit RV park situated on 25 acres in Loveland, Colorado, is offered at $6,250,000. This Class C, value-add property boasts a strong 9.76% cap rate and a substantial NOI of $609,722. Built in 1966 and renovated in 2015, the park comprises eight buildings across two stories and features a diverse range of sites: 41 extended stay, 77 back-in, 10 water-electric only, 23 pull-through, 5 tent sites, plus a rustic cabin and a tiny home short-term rental. Approximately 30% of sites are designated for extended stay month-to-month guests. Amenities include a gift shop, recreation hall, office, picnic pavilion, laundry, playground, dog park, fishing access, riverwalk, shower buildings, and ample utilities (dump station, propane pump, city water, on-site septic). The property also includes an equipment shelter, workshop, and a manager's home. Located on the Big Thompson River, seven miles west of Loveland and 23 miles southeast of Estes Park (gateway to Rocky Mountain National Park), this park benefits from its proximity to outdoor recreation and the thriving Fort Collins-Loveland MSA. The average price per unit is $39,308.18. Showings are by appointment only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Loveland
- County
- Larimer
- State
- Colorado
- Longitude
- -105.191
- Latitude
- 40.4173
