6353 Dixie Hwy Glendale, KY 42740
- Mobile home & RV parks
- 8.49 lot acres
Current Use by Public Records
- Royal Oak RV Park / Rv Park / Campground
Property Details for 6353 Dixie Hwy
- Lot size
- 8.49 lot acres
- Property type
- Mobile home & RV parks
- Property subtype
- Campgrounds
Description
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.
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
- Glendale
- County
- Hardin
- State
- Kentucky
- Longitude
- -85.863261
- Latitude
- 37.6043
