RV Park Cap Rates in Wyoming
Real capitalization rate data from 28 parks across Wyoming. Understand what the market is actually returning before you write a check.
What This Means for Investors
Wyoming is a competitive market. At 8.1% 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 28 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 17 cities, Wyoming 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 $4,456,250, most Wyoming parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Wyoming
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Cheyenne | 8.9% | 7 | $3,555,714 |
| Riverton | 8.7% | 3 | $690,000 |
| Wheatland | 7.9% | 3 | $1,811,667 |
| Rawlins | 7.3% | 2 | $6,937,500 |
| Thayne | 13.6% | 1 | $1,035,000 |
| Saratoga | 10.0% | 1 | $2,420,000 |
| Pine Bluffs | 9.2% | 1 | $7,575,000 |
| Alcova | 9.1% | 1 | $3,300,000 |
| Atlantic City | 9.1% | 1 | $810,000 |
| Pinedale | 7.8% | 1 | $2,805,000 |
| Casper | 7.1% | 1 | $2,860,000 |
| Evanston | 7.1% | 1 | $3,080,000 |
| Encampment | 6.7% | 1 | $405,000 |
| Teton County | 6.3% | 1 | $8,400,000 |
| Fort Laramie | 5.6% | 1 | $540,000 |
| Lingle | 5.3% | 1 | $3,575,000 |
| Laramie | 4.5% | 1 | $41,700,000 |
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 |
|---|---|---|---|---|
| Cheyenne RV Resort | Cheyenne | 14.8% | 42 | $2,310,000 |
| Flat Creek RV Park & Cabins | Thayne | 13.6% | 23 | $1,035,000 |
| Deer Haven RV Park | Saratoga | 10.0% | 44 | $2,420,000 |
| Wind River RV Park | Riverton | 9.6% | 20 | $900,000 |
| Arrowhead RV Park | Wheatland | 9.4% | 23 | $1,035,000 |
| Rawlins Springs Park | Rawlins | 9.3% | 75 | $4,125,000 |
| Pine Bluffs RV Resort | Pine Bluffs | 9.2% | 101 | $7,575,000 |
| Dexter mill RV park | Atlantic City | 9.1% | 18 | $810,000 |
| Last Chance Camp & Lodging | Cheyenne | 9.1% | 8 | $360,000 |
| Windy Waters RV Park - Eagle Creek | Alcova | 9.1% | 60 | $3,300,000 |
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 |
|---|---|---|---|---|
| KOA Kampground | Laramie | 4.5% | 417 | $41,700,000 |
| Western Hills Campground & RV Park | Rawlins | 5.2% | 130 | $9,750,000 |
| Pony Soldier RV Park | Lingle | 5.3% | 65 | $3,575,000 |
| Chuck Wagon RV Park | Fort Laramie | 5.6% | 12 | $540,000 |
| Mountain View RV Park | Wheatland | 6.2% | 34 | $1,870,000 |
| Colter Bay RV Park | Teton County | 6.3% | 112 | $8,400,000 |
| Town of Encampment RV Park | Encampment | 6.7% | 9 | $405,000 |
| Greenway Trailer Park & Campground | Cheyenne | 6.7% | 42 | $2,730,000 |
| Casper East RV Park & Campground | Casper | 7.1% | 52 | $2,860,000 |
| Phillips RV Park | Evanston | 7.1% | 56 | $3,080,000 |
Get Full Owner Contact Data for Wyoming
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 Wyoming.
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