Contact Information

Jon Fisher
License: 471.020503 (IL) 18000549 (IN) 117228 (SC)
Photo

Mobile Home Park Details

  • Price: $1,625,000
  • Purchase Method: Cash, Seller Financing
  • Cap Rate: 8.1%
  • Listing ID: 6783647
  • Posted On: Dec 5, 2024
  • Updated On: Dec 5, 2024

Description

Shadybrook Camping and RV Adventures, named the 2024 Hipcamp Best in Iowa Runner-Up, is a picturesque RV park conveniently located directly off I-80 in Earlham, Iowa, offering prime exposure to an estimated 30,000 vehicles per day. Constructed in 2017 and zoned commercial, the park spans a scenic landscape partially situated in a flood zone and features a blend of modern amenities and natural beauty.

The park includes 60 RV sites, of which:

•22 are full-service pull-through sites.
•11 sites are equipped with 50-amp electrical pedestals.
•27 sites offer 100-amp electrical pedestals.
•35 sites provide water access, and 22 sites include sewer connections.
•Additionally, 12 primitive tent sites are available, each with fire rings, picnic tables, auto access, and nearby restroom facilities.

Shadybrook also features unique lodging options:

•A 6-person cabin with full amenities, outdoor furniture, a firepit, grill, and picnic table.
•A 2-3 person cabin with a new deck, grill, and linens included.
•An ascending floating bed, a first in the U.S., with electric and water hookups.
•A 33-foot, 3-slide KZ travel trailer that sleeps six, offering modern camping comforts.

The park’s 16x16 bathhouse provides showers and restrooms, while the onsite store caters to campers' needs with essentials like ice, firewood, and basic grocery items. A 1,578 sq. ft. lodge serves as the owner’s quarters and RV office, featuring two bedrooms, one bathroom, a kitchen, living areas, laundry facilities, a two- car garage, and a 1,000 sq. ft. deck.

Over the past 3-5 years, the park has invested in numerous upgrades, including:

•Adding 22 full-hookup pull-through sites.
•Installing a new Delta septic system and Coco filter septic system.
•Completing plumbing groundwork for a second restroom/shower/laundry facility.
•Updating cabins, the shower house, and playground equipment with new stains and sealers.
•Enhancing the landscaping and grounds with fresh updates.

Unique Features of Shadybrook Camping & RV Adventures:

•Named the 2024 Hipcamp Best in Iowa Runner-Up for its exceptional amenities and scenic beauty.
•Bear Creek flows year-round through the property.
•Ample open spaces, old-growth oak trees, and abundant wildlife create a serene and scenic atmosphere ideal for gatherings and events such as weddings and family reunions.
•Close proximity to Des Moines (15 minutes), lakes for fishing and swimming, Madison County’s famous covered bridges, shopping, wineries, cideries, hiking trails, and the John Wayne Birthplace & Museum.
•Community firepit, two playgrounds, a shelter house, and pet friendly policies (excluding buildings).

Operational Highlights of Shadybrook Camping & RV Adventures:

•60% of guests are overnight or weekend visitors, 20% are monthly, and 20% are seasonal.
•The park has staff onsite, including a manager and a maintenance technician.
•Roads are gravel and in good condition, with city water and PVC plumbing for both water and sewer lines.
•Electric meters are installed at 22 sites for guest billing.

Shadybrook Camping and RV Adventures offers room for expansion and is well-positioned to attract both short-term and long-term campers. Recently recognized as the 2024 Hipcamp Best in Iowa Runner-Up, this property presents an exciting opportunity for buyers seeking to operate or grow a thriving RV park.

The seller would consider seller finance offers with $1,100,000 down. The remaining balance he would carry at 4%.

MR. LANDMAN, LLC is a licensed real estate firm in the State of Iowa under License#F06199000. Jonathan Fisher is a licensed broker in the State of Iowa under License#B68919000.

Location

Earlham is a city in Madison County, Iowa. The population was 1,410 at the time of the 2020 census. It is part of the Des Moines–West Des Moines Metropolitan Statistical Area.

Earlham violent crime is 12.9. (The US average is 22.7)
Earlham property crime is 15.1. (The US average is 35.4)

The annual BestPlaces Comfort Index for Earlham is 7.0 (10=best), which means it is more comfortable than most places in Iowa.

Earlham, IA has a typical midwestern climate with warm summers and cold winters. The average high in July is around 83 degrees Fahrenheit while the average low in January is 16 degrees. Precipitation is relatively common throughout the year, with an average of 30 inches per year. Snowfall can also occur during the winter months, though it usually does not accumulate for too long before it melts away. Overall, Earlham has pleasant weather year round, making it a great place to live or visit!

Earlham, Iowa gets 35 inches of rain, on average, per year. The US average is 38 inches of rain per year.

Earlham averages 27 inches of snow per year. The US average is 28 inches of snow per year.

On average, there are 201 sunny days per year in Earlham. The US average is 205 sunny days.

Earlham gets some kind of precipitation, on average, 96 days per year. Precipitation is rain, snow, sleet, or hail that falls to the ground. In order for precipitation to be counted you have to get at least .01 inches on the ground to measure.

Earlham has an unemployment rate of 5.0%. The US average is 6.0%.

Here are approximate drive times and distances to nearby metropolitan areas:

Within 4–5 Hours:

•Des Moines, IA – ~30 minutes (25 miles)
•Omaha, NE – ~2 hours (120 miles)
•Kansas City, MO – ~2.5 hours (160 miles)
•Lincoln, NE – ~3 hours (180 miles)
•Minneapolis, MN – ~4 hours 30 minutes (260 miles)
•Sioux Falls, SD – ~4 hours 30 minutes (240 miles)
•St. Louis, MO – ~5 hours (320 miles)
•Chicago, IL – ~5 hours (330 miles)

This central location makes Earlham well-connected to a variety of midwestern metro areas within a half-day’s drive.

Amenities

  • Club House
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Park Information

Community Type: All Age
Year Built: 2017
Size: 26 acre(s)

Financial Information (Actual)

Gross Income: $209,353
Operating Expense: $77,857
Net Operating Income: $131,496
Expense Ratio: 37.2 %

RV Information

Number of RV Lots: 60

Utility Information

Water: City
Water Paid By: Park
Sewer: Septic

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