ALASKA ACQUISITION OPPORTUNITY | LARGEST RV Park in Alaska 😱 220-site Destination RV Park with Revenue Upside

Destination RV Park

Eagle's Rest

RV Park & Cabins

Valdez, Alaska | Prince William Sound

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to offer to acquire Eagle’s Rest RV Park, a highly-rated, majority transient RV park located in the heart of Prince William Sound and surrounded by some of the worlds tallest and most picturesque mountains, in Valdez, Alaska. The property includes 220 existing sites and is a prime destination for travelers looking to enjoy the outdoors and take-in the diverse marine life surrounded by over 150 stunning glaciers.

The asking price for the park is $6,400,000 ($29,100/site)

The asking price represents a 9.0% cap rate on year 1.

Destination

RV Park

220

Total Sites

Expansion

Possibility

Key Investment Highlights:

As of March 25th 2024 Pre-bookings are 180% (80% higher) than Pre-bookings in 2023. Current Pre-bookings represent over 50% of 2024 Pro forma revenue.
Eagle’s Rest is the largest RV park in the state with a total of 220 sites, inclusive of 172 RV sites, 19 Cabins and 29 Glamping/Tent sites on 11 acres overlooking Prince William Sound. There is a 3/2 apartment currently not in use that could be rented out to generate ~$2K/month and a storage building on-site that is currently under utilized as a revenue stream. The Cabin sites generate a significant revenue premium over RV sites and more could be added for a high return on cost.
There is an adjoining 14.27 acres of vacant land for sale from a different owner that could be purchased and developed as an expansion opportunity.
Located in a terminus of the Trans-Atlantic Pipeline, which is a significant provider of high-paying jobs. At similar seasonal RV parks, there has been workforce housing contracts negotiated for the shoulder or off season. This could grow revenue while only having a marginal impact on expenses.
Located along Alaska route 4, The park is 299 miles from Anchorage and 363 miles from Fairbanks.

Get in Touch Today_______________________________________________________

Michael J. Nissley

+1 (561) 479 1588

Mike.Nissley@colliers.com

David M. Nissley

+1 (470) 636 3339

David.Nissley@colliers.com

Broker of Record | Alaska

Eisha Martin

elisha.martin@colliers.com

Alaska | AREC

Other ways to connect with us.

MHRVGroup@colliers.com

Colliers.com/manufacturedhousing

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