RV Park Cap Rates in Kentucky
Real capitalization rate data from 8 parks across Kentucky. Understand what the market is actually returning before you write a check.
What This Means for Investors
Kentucky is a competitive market. At 7.3% 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 8 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 6 cities, Kentucky 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 $5,586,311, most Kentucky parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Kentucky
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Bowling Green | 6.8% | 2 | $14,385,463 |
| Bardstown | 9.5% | 1 | $1,368,643 |
| Paducah | 8.0% | 1 | $1,033,431 |
| Central City | 6.5% | 1 | $2,507,806 |
| Morehead | 6.0% | 1 | $1,600,008 |
| London | 5.1% | 1 | $8,458,495 |
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 |
|---|---|---|---|---|
| Archway RV Park | None | 9.6% | 42 | $951,184 |
| Little Patch of Heaven Campground | Bardstown | 9.5% | 33 | $1,368,642 |
| Beech Bend Campground | Bowling Green | 8.1% | 400 | $17,963,721 |
| Paducah RV Park & Campground | Paducah | 8.0% | 57 | $1,033,431 |
| Western Kentucky RV Park | Central City | 6.47% | 50 | $2,507,805 |
| Sheltowee RV Park & Cabins | Morehead | 5.97% | 24 | $1,600,007 |
| Camping World - Bowling Green | Bowling Green | 5.47% | 200 | $10,807,203 |
| The Farm RV Resort | London | 5.07% | 151 | $8,458,494 |
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 |
|---|---|---|---|---|
| The Farm RV Resort | London | 5.07% | 151 | $8,458,494 |
| Camping World - Bowling Green | Bowling Green | 5.47% | 200 | $10,807,203 |
| Sheltowee RV Park & Cabins | Morehead | 5.97% | 24 | $1,600,007 |
| Western Kentucky RV Park | Central City | 6.47% | 50 | $2,507,805 |
| Paducah RV Park & Campground | Paducah | 8.0% | 57 | $1,033,431 |
| Beech Bend Campground | Bowling Green | 8.1% | 400 | $17,963,721 |
| Little Patch of Heaven Campground | Bardstown | 9.5% | 33 | $1,368,642 |
| Archway RV Park | None | 9.6% | 42 | $951,184 |
Get Full Owner Contact Data for Kentucky
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 Kentucky.
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