Wappler Capital
Now Raising509 North, Albany GA: 252 units · 20% projected LP IRR

RV Park Portfolio

Our Investment Strategy

We acquire underperforming, income-producing RV parks in high-demand markets and execute disciplined operations to drive predictable cash flow and accelerated value creation.

Why RV Parks?

Essential Housing With Resilient Demand

01

Stable Tenancy

Growing base of full-time and seasonal residents generating consistent, recurring income.

02

Low Operating Costs

Limited structures, minimal maintenance, and utility pass-through models supporting stronger margins.

03

Fragmented Market

Ownership is spread across many small, independent operators, creating off-market acquisition opportunities and room for professional management to add value.

04

Resilient Demand

Affordable housing alternative supported by consistent demand across multiple economic cycles.

RV park with palms at golden hour
Big-rig RV sites with full hookups
Coastal RV park from above

Illustrative photos of the asset class we target.

Market statistics

11M+New camping households in recent years
72%View camping as a cost-effective lifestyle
~10MU.S. households used an RV in 2024

How We Create Value

Operator-Led Value Creation

A disciplined, operator-led strategy focused on income growth, cost efficiency, and long-term value appreciation.

01

High Cash-on-Cash Returns

Targeting 14%+ annual cash-on-cash performance.

02

Seller Financing

Strategic seller financing (target 5% interest, 30-year amortization).

03

Operator-Driven Management

On-site oversight, rate optimization, and expense discipline.

04

Marketing & Technology

Modernized websites, digital marketing, Google and Facebook lead generation.

+8%

Occupancy growth

4%

Cash-on-cash, month 1

8%

Cash-on-cash, month 3

Alabama RV park portfolio after acquisition. Past performance does not guarantee future results.

Investment Criteria

Disciplined Investment Criteria

Target Asset Characteristics

  • 50–120 pads
  • Long-term tenant base
  • $1M–$7M purchase price

Underwriting Metrics

  • 9%–14% entry cap rates
  • 6–12 month stabilization
  • 10%–20% occupancy lift potential
  • 1%–3% annual rent growth
  • 40%–50% expense ratios

Risk & Mitigation

How We Manage Risk

Tenant Risk

Risk

Tenant turnover or reduced demand.

Mitigation

Focus on long-term tenants, affordable markets, and diversified tenant mix.

Infrastructure Risk

Risk

Aging infrastructure or costs.

Mitigation

Pre-acquisition inspections, conservative CapEx reserves, and phased upgrades.

Regulations Risk

Risk

Zoning changes or local restrictions.

Mitigation

Acquire in landlord-friendly jurisdictions with stable zoning history.

RV Park Portfolio

Parks We Own and Operate

Over the past several years, we have built and stabilized a focused RV park portfolio across growth markets in the United States, driven by careful investment selection and strong operational execution.

RV Park

Scenic Drive RV Park

Anniston, Alabama

Income-producing RV park serving long-term and workforce tenants in a stable Alabama market. Strategy focused on operational efficiencies, improved rate structure, and stabilized cash flow growth.

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RV Park

Oxford RV Park

Oxford, Alabama

Value-add RV park located in a high demand corridor with strong long term occupancy trends. Operational improvements focused on expense control and rate optimization.

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RV Park

Twin Pines RV Park

Odessa, Texas

Texas-based RV asset positioned in a strong energy-driven market. Value creation driven through occupancy lift, operational tightening, and structured rent growth initiatives.

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RV Park

CC RV Park

Early, Texas

Complementary Early, Texas asset operated with a hands-on management approach. Focused on rate discipline, expense control, and occupancy stabilization.

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RV Park

J's RV Park

Early, Texas

Small-to-mid size RV park in Early, Texas focused on long-term tenant stability and operational optimization. Targeted improvements designed to enhance NOI and long-term asset performance.

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RV Resort

Permian Basin RV Resort

Stanton, Texas

Strategically located RV park in the Permian Basin region serving long-term and workforce demand. Operational strategy centers on disciplined underwriting and consistent cash flow generation.

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RV Park

Pecan Acres RV Park

Leesville, Louisiana

Pull-through sites near Fort Johnson serving military and workforce residents.

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RV Park

Indian Trails

Ingleside, Texas

Oak-shaded RV and mobile home lots on Highway 361 near Corpus Christi Bay.

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RV Park · Storage

Horseshoe RV Park & Storage

Tuscola, Texas

RV sites and storage south of Abilene.

Build Wealth With Real Assets

Partner With Wappler Capital

We work with investors seeking structured, predictable cash flow real estate opportunities backed by operational discipline and transparent reporting.

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