RV Parks

[Michael Kelly]

Not exactly a mobile home park topic but figured this forum fit the bill closer than any of the others. I'm considering buying a 4 acre tract (thinking 30 spaces) within the city limits to house construction workers for various chemical plants in the area. The demand should be steady for the next 4-5 years. I'm curious as to what the costs will be to develop a wide open piece of land within city limits (access to city water, sewer, electric, etc.) as well as monthly operating costs. Ideally I'd manage it from out of town too which I can see being a challenge. The property is in a fairly high traffic area so once the construction slows down I'd like to convert it into some other form of commercial property, so sharing any thoughts or concerns on converting an RV park into a mixed use or office building would also be appreciated.