RV Park Cap Rates in North Carolina
Real capitalization rate data from 15 parks across North Carolina. Understand what the market is actually returning before you write a check.
What This Means for Investors
North Carolina is a competitive market. At 8.3% average, pricing reflects real buyer demand — this isn't a market where sellers are desperate. That said, the right deal with operational upside can still pencil well if you underwrite NOI improvements rather than buying trailing income.
In markets like this, the edge is in sourcing — not on-market listings, but owners who haven't marketed. The 15 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 15 cities, North Carolina offers enough geographic diversity to be selective. The city breakdown below shows where the cap rate compression is worst and where pockets of yield still exist.
At an average estimated value of $4,644,688, most North Carolina parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — North Carolina
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Buxton Landing | 12.0% | 1 | $893,934 |
| Sherrills Ford | 10.7% | 1 | $1,750,171 |
| Goldsboro | 10.2% | 1 | $1,605,978 |
| Moncure | 10.2% | 1 | $332,809 |
| Newport | 9.9% | 1 | $16,982,015 |
| Pisgah Shadows | 9.6% | 1 | $569,732 |
| Greensboro | 9.5% | 1 | $1,300,176 |
| Elon | 8.2% | 1 | $1,837,396 |
| Grantsboro | 7.0% | 1 | $930,192 |
| Tabor City | 6.9% | 1 | $11,733,392 |
| Newland | 6.5% | 1 | $250,778 |
| Cherokee | 6.4% | 1 | $25,951,498 |
| Robbinsville | 6.1% | 1 | $3,351,051 |
| Burlington | 6.0% | 1 | $1,142,538 |
| Elkin | 6.0% | 1 | $1,038,671 |
Top 10 Highest Cap Rate Parks
Highest estimated returns — investigate occupancy, management quality, and NOI sustainability before buying on cap rate alone.
| Park Name | City | Cap Rate | Sites | Est. Value |
|---|---|---|---|---|
| Island Hide-A-Way Campground | Buxton Landing | 12.0% | 51 | $893,934 |
| Lake Norman RV Resort | Sherrills Ford | 10.7% | 58 | $1,750,171 |
| Sandstone Mhp | Goldsboro | 10.2% | 84 | $1,605,977 |
| Cotten's RV Campgrounds | Moncure | 10.2% | 25 | $332,809 |
| Goose Creek RV Resort | Newport | 9.9% | 686 | $16,982,015 |
| Land of Waterfalls RV Campground | Pisgah Shadows | 9.6% | 12 | $569,731 |
| Unknown Mobile Home Park (For Sale) | Greensboro | 9.5% | 72 | $1,300,176 |
| Camp Springs Bluegrass Park and Campground | Elon | 8.2% | 50 | $1,837,395 |
| Dixon Landing RV Resort | Grantsboro | 6.97% | 17 | $930,191 |
| Yogi Bear's Jellystone Park at Daddy Joe's | Tabor City | 6.87% | 176 | $11,733,391 |
10 Lowest Cap Rate Parks
Lower cap rates reflect higher prices relative to income — often found in premium markets, coastal areas, or parks with strong amenities and stable occupancy.
| Park Name | City | Cap Rate | Sites | Est. Value |
|---|---|---|---|---|
| RV Daze Inc | Burlington | 5.97% | 22 | $1,142,537 |
| Triple Creek Outdoor Resort | Elkin | 5.97% | 20 | $1,038,670 |
| Stecoah Valley RV Resort | Robbinsville | 6.07% | 65 | $3,351,050 |
| Cherokee / Great Smokies KOA Holiday | Cherokee | 6.37% | 514 | $25,951,497 |
| Wiseman Ridge | Newland | 6.47% | 5 | $250,777 |
| Yogi Bear's Jellystone Park at Daddy Joe's | Tabor City | 6.87% | 176 | $11,733,391 |
| Dixon Landing RV Resort | Grantsboro | 6.97% | 17 | $930,191 |
| Camp Springs Bluegrass Park and Campground | Elon | 8.2% | 50 | $1,837,395 |
| Unknown Mobile Home Park (For Sale) | Greensboro | 9.5% | 72 | $1,300,176 |
| Land of Waterfalls RV Campground | Pisgah Shadows | 9.6% | 12 | $569,731 |
Get Full Owner Contact Data for North Carolina
Cap rates tell you where to look. Owner contact data gets you in the door. Access phone numbers, emails, and deal pipeline tools for every park in North Carolina.
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