Author: Alison DeJaeger

SBA 504 Loans for Your RV Park Business

Add stability and predictability to your RV Park business by locking a portion of your real estate financing into a long-term, fixed-rate product using an SBA 504 loan. A 504 loan has three components: Equity injection provided by the borrower – typically 10% of the project but can be 15% – 20% in certain instances as in the case of start-ups or unique situations Term loan provided by Bank Five Nine – typically 50% of the project Debenture loan provided by a Certified Development Company (CDC) – typically 40% of…

Rocky Mountain NP’s Only Year-Round Campground Closes Until Summer 2024 for Renovations

Rocky Mountain National Park’s biggest established campground needs an update. Moraine Park Campground was built in the 1960s, and it has served hundreds of thousands of campers since then — without any update to its water and utility infrastructure. Increased visitor usage, evolving trends in recreation, the need to improve access for all campers and deferred maintenance for critical water and utility systems have all created a need to rehabilitate the Moraine Park Campground and nearby areas.” That ends this year, when federal funding from the Great American Outdoors Act…

Simply Marinas Brokers the Sale of Roosevelt Lake Marina RV Park, AZ, a Trophy Marina

The Simply Marinas Team is continuing its streak in selling trophy marinas, and has recently brokered the sale of Roosevelt Lake Marina RV Park, in Arizona. Simply Marinas in partnership with Coldwell Banker Northland brokered the sale as a confidential offering relying on the Simply Marinas Network of pre-qualified buyers. Roosevelt sits on nearly 70 acres and includes 258 wet slips, 146 dry storage units, 50 RV pads with full hook ups, and a successful restaurant. The facility has tremendous expansion upside in adding 242 wet slips, and large number…

Advanced Outdoor Solutions Enters Full Management Agreement with Camp Cedar

Advanced Outdoor Solutions’ relationship with Cleveland Construction, owners of Camp Cedar, came full circle this year when the Ohio property they (AOS) designed, developed and fought for approvals on, struck a full management agreement. “From the start, AOS was honored to be part of the design, planning and approvals. We worked closely with the neighbors and the government to ensure the resort would be a winning project for the area” commented Kathleen Walsh, CEO, Advanced Outdoor Solutions. This luxury property features a full restaurant, banquet facilities, rental cottages, rental RV’s,…

States Target Non-Residents with Higher Fees

As the popularity of camping continues to grow, some states have passed laws imposing limits on non-residents and reducing the percentage of campground sites available for advanced reservation in state parks. Other states are levying punitive fee hikes on out-of-state campers, ostensibly to create more availability for resident campers. These laws are controversial, with some arguing that they are necessary to ensure residents have access to camping opportunities and preserve natural resources. In contrast, others see them as overly onerous, discriminatory and harmful to a state’s tourism economy. As RVtravel.com…

New Laws for Campground Owners

Florida is the latest state to contemplate liability shield laws for recreational activities and campgrounds. New legislation would urge people to camp at their own risk, shielding private campgrounds from liability claims. A Florida State Senate bill, SB 1054, and a correlated House bill, HB 1323, would limit claims against commercial campground facilities not situated on public lands. The legislation aims to shift the burden of responsibility to campers instead of the campgrounds, offering “civil liability protection for private campground owners and specified employees of private campgrounds for injury, death,…

Jellystone Park Names Veteran Operator Steve Stafford Franchise Sales Director

Yogi Bear’s Jellystone Park Camp-Resorts, the nation’s leading family camping and outdoor entertainment brand, has hired Steve Stafford as director of franchise sales. He joins the company after serving 13 years as general manager of the North Texas Jellystone Park location near Fort Worth. There are more than 75 franchised Jellystone Park Camp-Resorts in the U.S. and Canada. They are renowned for their attractions such as pools and water slides, non-stop family activities, up-close fun with the Yogi Bear characters, and glamping-style accommodations. In his new role, Stafford is responsible…

City of Benton to Purchase 511 Acres for $7.6 Million for RV Park

The City of Benton will purchase 511 acres along the Saline River at a cost of $7.6 million, paid over a 10-year period, city officials announced Thursday. We didn’t go all the way back in the records, but certainly in modern times, this is the biggest purchase.” This land purchase is the largest single land acquisition in the city’s history, said Matt Thibault, marketing official for the city. Plans for the property, called Benton Thomas Park in a concept plan released by the city Thursday, include soccer fields, an RV…

Riverbound Custom Storage & RV Park Launches Hybrid Affordable Housing In Lake Havasu City, Arizona

Riverbound Custom Storage & RV Park has announced the launch of their new hybrid affordable housing alternative in Lake Havasu City, Arizona. Riverbound Custom Storage & RV Park has created a new alternative housing solution for residents and vacationers of Lake Havasu City and plans to expand into communities all across the United States. The new Riverbound Custom Storage & RV Park is currently at nearly $100 less per square foot than the average home in Arizona. Rodney’s customers at the hybrid affordable housing alternative are also given the option…