6353 Dixie Hwy Glendale, KY 42740
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.
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Royal Oak RV Park Campground & RV Park
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.