RV Park Cap Rates in Wisconsin
Real capitalization rate data from 27 parks across Wisconsin. Understand what the market is actually returning before you write a check.
What This Means for Investors
Wisconsin is a competitive market. At 8.4% 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 27 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 24 cities, Wisconsin 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 $5,650,925, most Wisconsin parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Wisconsin
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Cassville | 9.1% | 2 | $2,750,000 |
| Lanesboro | 8.1% | 2 | $2,155,000 |
| Milton | 6.7% | 2 | $11,250,000 |
| Shiocton | 13.6% | 1 | $4,015,000 |
| Town of Dunn | 13.6% | 1 | $1,980,000 |
| Gratiot | 10.3% | 1 | $1,080,000 |
| Oak Creek | 9.9% | 1 | $17,000,000 |
| Masonville Township | 9.1% | 1 | $3,135,000 |
| New Lisbon | 9.1% | 1 | $3,245,000 |
| Palmyra | 9.1% | 1 | $5,445,000 |
| Golden Township | 8.9% | 1 | $90,000 |
| Stoughton | 8.6% | 1 | $3,905,000 |
| Bayfield | 8.4% | 1 | $1,870,000 |
| Channing | 8.4% | 1 | $1,650,000 |
| Norwalk | 8.4% | 1 | $360,000 |
| Town of Menomonie | 8.4% | 1 | $2,365,000 |
| Balsam Lake | 8.3% | 1 | $2,200,000 |
| Osseo | 7.6% | 1 | $12,000,000 |
| Lone Rock | 7.0% | 1 | $7,950,000 |
| Woodruff | 6.9% | 1 | $15,000,000 |
| Wisconsin Dells | 6.7% | 1 | $7,500,000 |
| Campbellsport | 6.6% | 1 | $7,500,000 |
| Bristol | 6.4% | 1 | $13,425,000 |
| Lakewood | 3.2% | 1 | $8,550,000 |
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 |
|---|---|---|---|---|
| Downsville Rec Park | Town of Dunn | 13.6% | 36 | $1,980,000 |
| Wolf River Campground | Shiocton | 13.6% | 73 | $4,015,000 |
| Wolf Creek Campground | Gratiot | 10.3% | 24 | $1,080,000 |
| Oak Creek Estates | Oak Creek | 9.9% | 200 | $17,000,000 |
| Sandy Bottoms-Up | Cassville | 9.1% | 50 | $2,750,000 |
| Big H Campground | Cassville | 9.1% | 50 | $2,750,000 |
| Cedar Springs Campground | New Lisbon | 9.1% | 59 | $3,245,000 |
| Whitefish Hill RV Park | Masonville Township | 9.1% | 57 | $3,135,000 |
| Circle K Campground | Palmyra | 9.1% | 99 | $5,445,000 |
| Val-Du-Lakes Campground | Golden Township | 8.9% | 2 | $90,000 |
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 |
|---|---|---|---|---|
| Heaven's Up North Family Campground | Lakewood | 3.2% | 114 | $8,550,000 |
| Happy Acres Kampground | Bristol | 6.4% | 179 | $13,425,000 |
| Mr. Ed's Campground | Campbellsport | 6.6% | 100 | $7,500,000 |
| Blackhawk Campground | Milton | 6.7% | 150 | $11,250,000 |
| Lakeland Campground | Milton | 6.7% | 150 | $11,250,000 |
| Country Roads Motorhome & RV Park | Wisconsin Dells | 6.7% | 100 | $7,500,000 |
| Lakefront RV Park | Woodruff | 6.9% | 200 | $15,000,000 |
| Fireside Campground | Lone Rock | 7.0% | 106 | $7,950,000 |
| Highway 250 Campground | Lanesboro | 7.3% | 62 | $3,410,000 |
| Stoney Creek RV Resort and Campground | Osseo | 7.6% | 160 | $12,000,000 |
Get Full Owner Contact Data for Wisconsin
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 Wisconsin.
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