RV Park Cap Rates in South Carolina
Real capitalization rate data from 29 parks across South Carolina. Understand what the market is actually returning before you write a check.
What This Means for Investors
South Carolina is running hot. An average cap rate of 16.5% is well above the national norm, which signals either underpriced assets, rural markets with strong cash flow, or operators who haven't professionalized revenue. For buyers, that spread is opportunity — find the bottom-quartile operators and you're buying cash flow, not just real estate.
The wide range (4.3%–24.3%) tells the other side of the story: there are parks in this state priced like trophy assets and parks priced like distressed debt. Know which bucket you're bidding on. The highest cap rates typically reflect either management upside or location risk — underwrite both.
With data spread across 27 cities, South Carolina 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 $3,455,126, most South Carolina parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — South Carolina
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Lexington | 19.9% | 2 | $2,979,486 |
| West Columbia | 16.8% | 2 | $3,350,132 |
| Hollywood | 24.3% | 1 | $2,627,194 |
| Simpsonville | 23.5% | 1 | $1,117,306 |
| Saint George | 20.0% | 1 | $609,080 |
| Myrtle Beach | 19.3% | 1 | $34,701,681 |
| Hilton Head Island | 18.5% | 1 | $11,269,558 |
| Fort Mill | 18.4% | 1 | $4,618,215 |
| Eastman | 17.9% | 1 | $1,115,598 |
| Bladen County | 17.4% | 1 | $200,927 |
| Conway | 17.3% | 1 | $1,267,868 |
| Lyman | 17.2% | 1 | $876,125 |
| Johns Island | 16.7% | 1 | $5,820,843 |
| Greer | 16.6% | 1 | $906,367 |
| Hamer | 16.2% | 1 | $2,324,950 |
| Florence | 15.9% | 1 | $3,125,321 |
| Gilbert | 15.7% | 1 | $192,270 |
| Lake City | 15.7% | 1 | $558,652 |
| West Union | 15.7% | 1 | $2,167,573 |
| Piedmont | 15.5% | 1 | $1,807,690 |
| Swansea | 15.1% | 1 | $1,329,451 |
| Walterboro | 14.5% | 1 | $2,177,173 |
| Cross | 14.1% | 1 | $1,176,290 |
| Summerton | 13.8% | 1 | $3,691,568 |
| North Charleston | 11.7% | 1 | $344,540 |
| Spartanburg County | 9.7% | 1 | $960,505 |
| Milledgeville | 4.3% | 1 | $2,552,680 |
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 |
|---|---|---|---|---|
| Lake Aire RV Park | Hollywood | 24.3% | 113 | $2,627,193 |
| Scuffletown RV Park | Simpsonville | 23.5% | 50 | $1,117,305 |
| Barnyard RV Park | Lexington | 22.1% | 129 | $2,688,424 |
| Jolly Acres Camp & Storage | Saint George | 20.0% | 32 | $609,080 |
| Big Rig Friendly RV Resort | West Columbia | 19.4% | 212 | $6,461,018 |
| Myrtle Beach Travel Park | Myrtle Beach | 19.3% | 1150 | $34,701,680 |
| HHIMR Welcome Center | Hilton Head Island | 18.5% | 401 | $11,269,557 |
| Crown Cove RV Park | Fort Mill | 18.4% | 166 | $4,618,214 |
| Dream RV Park | Eastman | 17.9% | 42 | $1,115,598 |
| Edmund RV Park | Lexington | 17.7% | 125 | $3,270,548 |
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 |
|---|---|---|---|---|
| Little River Park | Milledgeville | 4.3% | 130 | $2,552,680 |
| Fireside RV Park | Spartanburg County | 9.7% | 37 | $960,505 |
| Fain's RV Park | North Charleston | 11.7% | 20 | $344,540 |
| Santee Lakes Campground | Summerton | 13.8% | 188 | $3,691,568 |
| MAGNOLIA CAMPGROUND INC | West Columbia | 14.1% | 12 | $239,245 |
| Lake Moultrie RV Park & Marina, Cross South Carolina | Cross | 14.1% | 59 | $1,176,290 |
| New Green Acres RV Park | Walterboro | 14.5% | 106 | $2,177,173 |
| River Bottom Farms Family Campground | Swansea | 15.1% | 62 | $1,329,450 |
| Ivy Acres | Piedmont | 15.5% | 82 | $1,807,690 |
| Mr. Z's RV Park | Gilbert | 15.7% | 12 | $192,270 |
Get Full Owner Contact Data for South Carolina
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 South Carolina.
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