RV Park Cap Rates in Tennessee
Real capitalization rate data from 10 parks across Tennessee. Understand what the market is actually returning before you write a check.
What This Means for Investors
Tennessee is a competitive market. At 7.0% 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 10 parks in our database with owner contact data give you the starting list. Work it direct.
With data spread across 9 cities, Tennessee 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 $1,920,825, most Tennessee parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Tennessee
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Decatur | 10.0% | 1 | $300,199 |
| Spring City | 9.9% | 1 | $888,457 |
| Sparta | 6.5% | 1 | $1,153,589 |
| Petros | 6.1% | 1 | $2,938,613 |
| Winchester | 6.1% | 1 | $2,680,842 |
| LaFollette | 6.0% | 1 | $2,077,343 |
| Knoxville | 5.8% | 1 | $1,072,404 |
| Greenback | 5.3% | 1 | $1,124,447 |
| Sharps Chapel | 5.1% | 1 | $6,721,983 |
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 |
|---|---|---|---|---|
| Sewee Creek Rv | Decatur | 10.0% | 14 | $300,198 |
| Eden Campground | Spring City | 9.9% | 35 | $888,456 |
| Yates RV Resort | None | 9.7% | 10 | $250,381 |
| Whispering Falls at Burgess RV Park- Country Store- Cafe | Sparta | 6.47% | 23 | $1,153,588 |
| Clearwater Cove RV Resort | Winchester | 6.07% | 52 | $2,680,841 |
| Brushy Mountain RV Park | Petros | 6.07% | 57 | $2,938,612 |
| Next Level at Norris Lake | LaFollette | 5.97% | 40 | $2,077,342 |
| Madison Place | Knoxville | 5.83% | 22 | $1,072,403 |
| Maple Lane Park | Greenback | 5.33% | 22 | $1,124,446 |
| Lost Creek RV Park | Sharps Chapel | 5.07% | 120 | $6,721,982 |
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 |
|---|---|---|---|---|
| Lost Creek RV Park | Sharps Chapel | 5.07% | 120 | $6,721,982 |
| Maple Lane Park | Greenback | 5.33% | 22 | $1,124,446 |
| Madison Place | Knoxville | 5.83% | 22 | $1,072,403 |
| Next Level at Norris Lake | LaFollette | 5.97% | 40 | $2,077,342 |
| Clearwater Cove RV Resort | Winchester | 6.07% | 52 | $2,680,841 |
| Brushy Mountain RV Park | Petros | 6.07% | 57 | $2,938,612 |
| Whispering Falls at Burgess RV Park- Country Store- Cafe | Sparta | 6.47% | 23 | $1,153,588 |
| Yates RV Resort | None | 9.7% | 10 | $250,381 |
| Eden Campground | Spring City | 9.9% | 35 | $888,456 |
| Sewee Creek Rv | Decatur | 10.0% | 14 | $300,198 |
Get Full Owner Contact Data for Tennessee
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 Tennessee.
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