Underwriting A RV Park

[Eric Lindsey]

Good morning, BiggerPockets. An RV park listing came across my desk yesterday, and I’m curious about the underwriting process for such an investment. If you could provide a general overview or a step-by-step guide at a very high level—focusing on vacancy rates, capital reserve expenses, expense ratios, and any other crucial details—it would be greatly appreciated. While I have basic underwriting skills for mobile home parks, I would like to gain a working knowledge of the specific steps needed to make a solid offer on an RV park. Your help would be appreciated.