2558 Cummins Ferry Rd
About this property
RV Resort For Sale - one of the most picturesque and best RV Park in Kentucky and best Campgrounds in Kentucky is for sale. Located in the heart of the KY Bourbon Trail with over 1M visitors annually, 100% Turn-key RV Resort and Campground operation with 58± acres of Destination Camping + Outdoor adventure. Call Ken 859-494-5521 Bluegrass Team EXP Realty – Potential Buyers MUST provide pre-qualification letter and proof of funds before viewing.
Over 4,000’ frontage on the Kentucky River with waterfalls and plenty of Outdoor Adventures and income upside. Under-Market Site Rents and Under-utilized assets.
In addition to the real estate, all the equipment needed to operate, the Cummins Ferry
Resort Campground and Marina purchase would include the website (www.cumminsferry.com/) and social media that is currently being used.
Turn-key RV Park for sale – includes:
91 RV sites
16 pull thru full service
6 pull thru no sewer
66 pull in full-service
2 pull in no sewer
41 tent sites - 28 of the tent sites have electric
All paved 2015-2019 new asphalt
Gated entrance
Stainless Steel inground swimming pool
Men’s and Women’s bath house and restrooms
General store
Guest laundromat facility
2 equipment buildings
Entertainment pavilion
Private boat launch
300 foot self-adjusting boat dock
Whole-park surveillance system with 14 cameras and 45 day recording
Firepits for each site (for the sales of firewood)
In addition to all this infrastructure and equipment, there is a perfect area – approximately 20 acres of the 58± that is RV park land for sale – with power and ready to utilize for more income. You could easily double the EBITDA with a few tweaks. Water is there, thrown in a lagoon in the woods and you can double your occupancy.
Owner/Manager’s home is a 2020 Forest River Cedar Creek cottage 40 CCK. With 3 slides. Full kitchen, 2 AC units, queen bed, full bath, 50 inch TV in living room, 32 inch TV in bedroom, Electric fireplace, surround sound, double pane tinted windows, coated no-wax exterior, 10 x 20 deck, outdoor grill and patio set – included.
Resort was fully booked through 2019 with visitors from all over the United States.
No expense was spared in building this park.
UNDER MARKET SITE RENT. Under-utilized Boat slips and a 300’ dock that is not being used at all. Think kayak rentals, Boat rentals, Sunset cruises.
Under-utilized Income potential – the Resort gives WiFi away for free to all residents.
Many potentials to increase the bottomline – talk to Ken to discuss easily increasing EBITDA significantly.
Call Ken 859-494-5521 Bluegrass Team EXP Realty – Potential Buyers MUST provide pre-qualification letter and proof of funds before viewing. Voted one of the Best Campgrounds in Kentucky. This RV Resort is for sale – 100% turn-key. Make money from day 1.
Listing agent must accompany all viewings.
P&L statements available upon request to pre-qualified investors only.
Why RV Parks & Campgrounds / RV Resorts for sale & Destination Resorts as an investment?
If you’re ready to get out of the rat race and start living life on your terms, RV parks are the place to do it.
UNDERSTANDING THE 350 MILE RADIUS RULE FOR RV PARKS
Studies have found that the average RV owner goes on a weekend trip that is roughly 4-6 hour radius from their home. This makes the population within a 300-350 mile radius an important issue to consider.
In Harrodsburg, KY? YES.
Cummins Ferry RV Resort and Campground has a secret weapon: it is within 325 miles = 6 hours from these major U.S. cities.
The Cities and their Combined Statistical Area (CSA) are:
Atlanta - 6,200,000
Birmingham - 1,151,801
Charlotte - 2,636,883
Cincinnati - 2,114,580
Columbus - 2,508,498
Chicago - 9,900,000
Detroit - 4,296,250
Indianapolis - 2,411,086
Lexington - 703,271
Louisville - 1,522,112
Kansas City - 2,428,362
Knoxville - 1,135,556
Memphis - 1,341,746
Nashville - 2,057,416
Pittsburgh - 2,635,228
St. Louis - 2,902,909
Winston-Salem - 1,689,151
This makes the population within four to six hours insanely high – over 47+ million people! 47,634,849 source: Google CSA.
You can imagine the potential that this gives this RV park, which is one of the highest occupancy RV parks in the State.
The United States is currently in the middle of three catastrophes at one time:
1) Covid
2) Economic disaster brought on by the quarantine
3) Urban unrest.
But the end result is that these three events are actually pushing RV park occupancy ever higher. In fact, many Americans who did not even own RVs before the crisis began are now buying them up and hitting the highway to escape what they feel to be unsafe housing options in the cities.
In fact, some RV dealerships are showing sales 30% to 50% higher than before any of this began. That makes RV parks one of the greatest contrarian investments in a troubled America.
Benefits of Buying an RV Destination Resort - or retiring into ownership of one:
- You’ll spend your days surrounded by people who are excited to be where you are.
- You can run your business the way you want
- The choices are completely yours when you own and operate an RV park…
And the best part is that it’s all 100% building YOUR dream and YOUR future… not the future of someone else.
- RV Parks are truly a low-maintenance, easy way to grow your investment
- On average, an RV park will yield 10-20%+ on your money. In fact, they’re among the highest-yielding of all real estate assets.
- RV parks are at the center of a number of “megatrends” - big changes in America that have a huge effect on business.
- The aging of the Baby Boomers (those born between 1946 and 1964) who are retiring at the rate of 10,000 per day. On the list of many of these folks is buying an RV and traveling America…
-The rise of the Millennials (those in their 20s and 30s) who are taking to RV travel due to its simplicity and family bonding potential…
- The reduction in gasoline prices (RVs have big fuel tanks)…
- The low level of bank interest rates…
- The better designs, gas mileage and price points of modern RVs.
Can you get more positive "megatrends" than that in one sector? Doubtful.
Call Ken 859-494-5521 Bluegrass Team EXP Realty – Potential Buyers MUST provide pre-qualification letter and proof of funds before viewing.
Mercer County
View The AreaHighly likely to recommend
“Love ALL of Brad's videos. This is the ugliest log cabin I've ever seen. Looks like a house by Crayola. Yes, we realize it's just paint and can be changed, but the mixture of mis-matched wood, flooring, fixtures throughout the house including the countertops in the kitchen is a nightmare. I'd level the house and put up a new build. Property is gorgeous. The house is HORRIBLE!”
Leighanne Bailey
San Antonio, Tx
Highly likely to recommend
“Ken is very knowledgeable - and we had a great time looking at properties with him. My wife and I are coming back when our house sells and buy something here.”
Vance Belkins
prospective buyer
Highly likely to recommend
“Ken Garcia is a true professional real estate agent and works hard for his clients. He’s fair, honest and makes the home buying expense fun.”
Curtis + Robyn Justice
Danville, KY
Highly likely to recommend
“Ken Garcia is extremely knowledgeable and works extra hard to help you with your real estate needs. You know you have Ken and his team working hard for you through the entire process. Ken has helped us sell and buy investment property for years, and we love his enthusiasm in getting the job done. Highly recommend Bluegrass Team if you need to sell or buy, you will not go wrong!”
C Martin
Highly likely to recommend
“If you're fixing to purchase a home in your nervous about it I would highly recommend going with Ken. He makes everything seem like it's going to be OK, no matter what hurtles you come up against - he reassures you and helps you through it. After I purchased a home through Ken Garcia, I have recommended him to several other people - my stepmother worked with him during the process of trying to buy a home, my brother is working with him during the process of selling his home - Ken's definitely become the Alexander family realtor.”
Edna Alexander
Highly likely to recommend
“I just want to thank Ken Garcia as the Realtor and Brad Simmons, his assistant who I have known for years. Just coming in contact with them for the last couple of months, they have been the most gracious helpers I could have asked for. They have walked me through every step. Ken has called me and given me every minute of his time that I needed, and he has been most gracious as far as… giving me pointers, helping me to think of questions that I wouldn’t have even thought of. This has been a wonderful experience for me to buy this home at my age. And I just thank them very much. They are great people to do business with. The deal with the house; the house wasn’t even… I wasn’t even expected to look at this house. I didn’t even know it was for sale. I was not planning on looking at this house at all, didn’t even know anything about it. And Ken takes me to the door, and I say, we're at somebody’s house, we don’t need to be here. And he said, “C’mon, we’re going in, c’mon.” And it’s now my house. Ken took me to this house and then he helped me negotiate – it was easy, it went through, he helped me with everything that I needed to know, how to ask, how to do things. It was very easy and yet it rewarding on my end. So I just thank them again.”
Gail Owens
Highly likely to recommend
“We live in Wisconsin and wanted to find a vacation home, closer to my family and to the college our son is attending. Finding an agent to work with us, being out of state and only available to come down on the weekends was challenging. Then we found Ken and he returned my phone call within minutes. He starting sending me information on properties. We started looking for property in Richmond, Kentucky in Feb 2015. After many weekends, and at least 100 plus miles in the surrounding counties, we finally in mid July 2015 found the home we wanted in Lancaster, KY and closed before the end of Aug 2015. Can't thank him enough for being so understanding with me. Thanks Ken.”
Bob, Shelly, Curtis, Bryan + Badger
Highly likely to recommend
“Ken was awesome to work with! My house sold in 3 days!! Highly recommend him to anyone selling a house!! He handled all aspects of the selling process. Will use Ken's services again in the future! Thanks!”
Holly Mills
Highly likely to recommend
“Very knowledgeable and confident realtor! Gave great advice on preparing my home for showings. Sold my home very quickly at a great price. When shopping for a new home, he pointed out lots of pros and cons for each home we considered. Went above and beyond! We would definitely use him again!”
Steph Schafer
Highly likely to recommend
“I was new to the area when we purchased our home. Ken was not only an excellent, responsive agent, he has continued to assist me with names of contractors and household helpers after the sale. When it comes time to sell my present property, I will be calling Ken!”