RV Park Cap Rates in Ohio
Real capitalization rate data from 44 parks across Ohio. Understand what the market is actually returning before you write a check.
What This Means for Investors
Ohio 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 44 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 36 cities, Ohio 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 $12,814,886, most Ohio parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Ohio
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Senecaville | 6.4% | 3 | $41,133,333 |
| Marietta | 11.1% | 2 | $2,522,500 |
| Lancaster | 10.9% | 2 | $2,060,000 |
| Sandusky | 8.2% | 2 | $30,150,000 |
| Zanesville | 7.0% | 2 | $3,850,000 |
| Cincinnati | 5.0% | 2 | $5,355,000 |
| Loudonville | 4.3% | 2 | $16,250,000 |
| Newport | 12.1% | 1 | $1,980,000 |
| Columbus | 11.0% | 1 | $3,120,000 |
| Monroe | 10.9% | 1 | $2,750,000 |
| Dundee | 10.0% | 1 | $4,785,000 |
| Geneva-on-the-Lake | 9.5% | 1 | $60,000,000 |
| Huntsburg | 9.4% | 1 | $4,950,000 |
| Richland County | 9.0% | 1 | $675,000 |
| Galloway | 8.9% | 1 | $1,925,000 |
| New Richmond | 8.6% | 1 | $4,400,000 |
| Knox County | 8.2% | 1 | $11,475,000 |
| North Bend | 8.2% | 1 | $3,630,000 |
| Granville | 7.5% | 1 | $14,625,000 |
| Streetsboro | 7.4% | 1 | $7,500,000 |
| Westerville | 7.0% | 1 | $9,750,000 |
| Delaware | 6.7% | 1 | $15,000,000 |
| Felicity | 6.4% | 1 | $8,925,000 |
| Marblehead | 6.4% | 1 | $2,475,000 |
| Homerville | 6.3% | 1 | $14,775,000 |
| Gassaway | 6.2% | 1 | $2,200,000 |
| Somerset Center | 6.0% | 1 | $11,250,000 |
| Elida | 5.8% | 1 | $9,750,000 |
| South Charleston | 5.5% | 1 | $15,750,000 |
| Williamstown | 5.4% | 1 | $8,625,000 |
| Jackson | 5.1% | 1 | $4,565,000 |
| Seville | 5.1% | 1 | $25,500,000 |
| Bellevue | 4.8% | 1 | $7,500,000 |
| Millersburg | 4.7% | 1 | $8,400,000 |
| Oak Harbor | 4.0% | 1 | $38,800,000 |
| Aberdeen | 3.6% | 1 | $15,000,000 |
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 |
|---|---|---|---|---|
| Marietta RV Park | Marietta | 14.7% | 24 | $1,080,000 |
| Harris RV Park | Newport | 12.1% | 36 | $1,980,000 |
| Lake View RV Park | Lancaster | 11.2% | 70 | $3,850,000 |
| Anchor Mobile Home Park | Columbus | 11.0% | 48 | $3,120,000 |
| River Raisin Marina & Campground | Monroe | 10.9% | 50 | $2,750,000 |
| Love's RV Hookup | Lancaster | 10.7% | 6 | $270,000 |
| Lighthouse Point | Sandusky | 10.6% | 283 | $28,300,000 |
| Evergreen Park RV Resort Ltd. | Dundee | 10.0% | 87 | $4,785,000 |
| Sun Retreats Geneva on the Lake | Geneva-on-the-Lake | 9.5% | 600 | $60,000,000 |
| Highland Acres RV Resort | Huntsburg | 9.4% | 90 | $4,950,000 |
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 |
|---|---|---|---|---|
| Hidden Valley RV Park and Storage | Cincinnati | 3.3% | 27 | $1,485,000 |
| Lively Lady | Aberdeen | 3.6% | 200 | $15,000,000 |
| Wild Wings Campground & Marina | Oak Harbor | 4.0% | 388 | $38,800,000 |
| Mohican Reservation Campgrounds & Canoeing | Loudonville | 4.3% | 100 | $7,500,000 |
| Mohican Adventures Campground | Loudonville | 4.4% | 250 | $25,000,000 |
| Scenic Hills RV Park | Millersburg | 4.7% | 112 | $8,400,000 |
| Seneca Lake Parkside Campground | Senecaville | 4.8% | 400 | $40,000,000 |
| Gotta Getaway RV Park | Bellevue | 4.8% | 100 | $7,500,000 |
| Lazy Dog Resort | Jackson | 5.1% | 83 | $4,565,000 |
| Maple Lakes Campgrounds | Seville | 5.1% | 255 | $25,500,000 |
Get Full Owner Contact Data for Ohio
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 Ohio.
Get Access →