RV Park Cap Rates in Mississippi
Real capitalization rate data from 7 parks across Mississippi. Understand what the market is actually returning before you write a check.
What This Means for Investors
Mississippi sits in the healthy mid-range. An average cap rate of 10.6% offers meaningful cash-on-cash returns especially with modest leverage — and this market hasn't been bid up to the institutional compression you see in Florida or the Sun Belt.
The 6.9%–12.0% spread across 7 parks shows market diversity. Lower cap rate parks are likely in population centers with demand certainty; the high-cap parks are often rural plays where you're underwriting occupancy risk in exchange for yield. Define your thesis before you shop.
With data spread across 6 cities, Mississippi 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 $1,407,768, most Mississippi parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Mississippi
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Hattiesburg | 11.1% | 2 | $1,474,860 |
| Sandersville | 12.0% | 1 | $350,563 |
| Shannon | 11.7% | 1 | $551,264 |
| Tunica Resorts | 11.0% | 1 | $3,111,179 |
| Tunica | 10.7% | 1 | $1,568,236 |
| Waynesboro | 6.9% | 1 | $1,323,420 |
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 |
|---|---|---|---|---|
| Go Fish R. V. Park | Sandersville | 12.0% | 20 | $350,562 |
| Natchez Trace RV Park | Shannon | 11.7% | 32 | $551,264 |
| Forrest County RV Park | Hattiesburg | 11.1% | 147 | $2,443,837 |
| Mid-South RV Park (Closed) | Tunica Resorts | 11.0% | 123 | $3,111,178 |
| Black Creek RV Park | Hattiesburg | 11.0% | 20 | $505,881 |
| Sam's Town RV Park | Tunica | 10.7% | 62 | $1,568,235 |
| Manor Creek | Waynesboro | 6.9% | 69 | $1,323,420 |
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 |
|---|---|---|---|---|
| Manor Creek | Waynesboro | 6.9% | 69 | $1,323,420 |
| Sam's Town RV Park | Tunica | 10.7% | 62 | $1,568,235 |
| Mid-South RV Park (Closed) | Tunica Resorts | 11.0% | 123 | $3,111,178 |
| Black Creek RV Park | Hattiesburg | 11.0% | 20 | $505,881 |
| Forrest County RV Park | Hattiesburg | 11.1% | 147 | $2,443,837 |
| Natchez Trace RV Park | Shannon | 11.7% | 32 | $551,264 |
| Go Fish R. V. Park | Sandersville | 12.0% | 20 | $350,562 |
Get Full Owner Contact Data for Mississippi
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 Mississippi.
Get Access →