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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

6353 Dixie Hwy Glendale, KY 42740

8.49 ac lot
Property ID
US34-0100507
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mobile home & RV parks
Lot 8.49 ac (369,824 SF)
UPID US34-0100507
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Royal Oak RV Park Campground & RV Park
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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