RV Park Cap Rates in Nevada
Real capitalization rate data from 58 parks across Nevada. Understand what the market is actually returning before you write a check.
What This Means for Investors
Nevada is a competitive market. At 7.6% 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 58 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 32 cities, Nevada 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 $8,578,017, most Nevada parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Nevada
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Reno | 8.7% | 8 | $3,073,125 |
| Las Vegas | 7.3% | 8 | $28,233,125 |
| Ely | 8.4% | 3 | $615,000 |
| Pahrump | 5.7% | 3 | $13,030,000 |
| Boulder City | 10.0% | 2 | $10,162,500 |
| Bridgeport | 8.8% | 2 | $1,842,500 |
| Mesquite | 8.5% | 2 | $8,337,500 |
| Beatty | 7.3% | 2 | $1,502,500 |
| Lincoln County | 7.3% | 2 | $995,000 |
| Battle Mountain | 7.0% | 2 | $2,200,000 |
| Austin | 6.3% | 2 | $630,000 |
| Wells | 5.2% | 2 | $1,450,000 |
| Mountain Mesa | 12.5% | 1 | $3,900,000 |
| Minden | 12.3% | 1 | $3,245,000 |
| Bishop | 11.9% | 1 | $2,145,000 |
| Yerington | 9.2% | 1 | $2,405,000 |
| Henderson | 9.1% | 1 | $4,400,000 |
| Goldfield | 7.8% | 1 | $495,000 |
| Inyo County | 7.4% | 1 | $630,000 |
| Douglas County | 7.1% | 1 | $15,000,000 |
| Hiko | 7.1% | 1 | $855,000 |
| Topaz | 6.9% | 1 | $3,850,000 |
| Fallon | 6.8% | 1 | $3,520,000 |
| Winnemucca | 6.6% | 1 | $9,750,000 |
| Bakersfield | 6.4% | 1 | $16,125,000 |
| Hawthorne | 6.2% | 1 | $3,300,000 |
| Overton | 6.0% | 1 | $11,250,000 |
| San Bernardino County | 5.9% | 1 | $42,400,000 |
| Sparks | 5.9% | 1 | $9,000,000 |
| Moapa Valley | 5.3% | 1 | $9,520,000 |
| Caliente | 4.9% | 1 | $1,485,000 |
| Fernley | 4.8% | 1 | $8,625,000 |
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 |
|---|---|---|---|---|
| Las Vegas Motorcoach Resort | Las Vegas | 16.0% | 407 | $40,700,000 |
| RV Park at Grand Sierra Resort | Reno | 15.0% | 8 | $360,000 |
| Lake Isabella RV Resort | Mountain Mesa | 12.5% | 60 | $3,900,000 |
| Carson Valley Inn RV Resort | Minden | 12.3% | 59 | $3,245,000 |
| Creekside RV Park | Bishop | 11.9% | 39 | $2,145,000 |
| Pepper Ridge RV Park | Reno | 10.9% | 41 | $2,255,000 |
| Lake Mead RV Village | Boulder City | 10.6% | 115 | $8,625,000 |
| Reno Mobile Home & RV Park | Reno | 10.6% | 17 | $850,000 |
| Paradise Shores RV Park | Bridgeport | 10.1% | 37 | $2,035,000 |
| Space Station RV Park | Beatty | 10.0% | 24 | $1,080,000 |
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 |
|---|---|---|---|---|
| Angel Lake RV Park | Wells | 2.5% | 18 | $810,000 |
| Duck Creek RV Park | Las Vegas | 3.5% | 207 | $15,525,000 |
| Beatty RV Park | Beatty | 4.6% | 35 | $1,925,000 |
| Reno RV Park | Reno | 4.6% | 46 | $2,530,000 |
| Desert Rose RV Park | Fernley | 4.8% | 115 | $8,625,000 |
| Young's RV Park | Caliente | 4.9% | 27 | $1,485,000 |
| Nevada Treasure RV Resort | Pahrump | 5.1% | 202 | $15,150,000 |
| Fun N Sun Trailer Park | Moapa Valley | 5.3% | 112 | $9,520,000 |
| Lakeside RV Park | Pahrump | 5.7% | 159 | $13,515,000 |
| Palm Grove Mobile Home Community | Las Vegas | 5.7% | 321 | $38,520,000 |
Get Full Owner Contact Data for Nevada
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 Nevada.
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