RV Park Cap Rates in Virginia
Real capitalization rate data from 10 parks across Virginia. Understand what the market is actually returning before you write a check.
What This Means for Investors
Virginia is running hot. An average cap rate of 16.8% 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 (12.0%–20.4%) 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 9 cities, Virginia 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 $4,826,082, most Virginia parks are in reach for individual investors or small syndicates — this isn't a market dominated exclusively by institutional buyers.
Cap Rates by City — Virginia
| City | Avg Cap Rate | Parks | Avg Valuation |
|---|---|---|---|
| Virginia Beach | 17.6% | 2 | $15,313,367 |
| Glen Allen | 20.4% | 1 | $328,693 |
| Madison | 18.0% | 1 | $3,895,135 |
| Staunton | 17.7% | 1 | $3,650,244 |
| Centreville | 17.6% | 1 | $3,893,943 |
| Petersburg | 16.1% | 1 | $2,616,114 |
| Max Meadows | 15.9% | 1 | $1,866,951 |
| Copper Hill | 14.5% | 1 | $944,811 |
| Radford | 12.0% | 1 | $438,202 |
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 |
|---|---|---|---|---|
| Kosmo Village | Glen Allen | 20.4% | 17 | $328,692 |
| MADISON VINES RV RESORT & COTTAGES | Madison | 18.0% | 145 | $3,895,135 |
| Holiday Trav-L-Park | Virginia Beach | 17.9% | 1000 | $26,561,875 |
| Walnut Hills Campground & RV Park | Staunton | 17.7% | 139 | $3,650,243 |
| Bull Run Campground | Centreville | 17.6% | 150 | $3,893,943 |
| North Landing Beach RV Resort | Virginia Beach | 17.4% | 159 | $4,064,859 |
| South 40 Campground | Petersburg | 16.1% | 114 | $2,616,114 |
| Pioneer Village RV Park | Max Meadows | 15.9% | 82 | $1,866,950 |
| Virginia Highland Haven Airstream Park | Copper Hill | 14.5% | 46 | $944,810 |
| The Sportsman | Radford | 12.0% | 25 | $438,202 |
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 |
|---|---|---|---|---|
| The Sportsman | Radford | 12.0% | 25 | $438,202 |
| Virginia Highland Haven Airstream Park | Copper Hill | 14.5% | 46 | $944,810 |
| Pioneer Village RV Park | Max Meadows | 15.9% | 82 | $1,866,950 |
| South 40 Campground | Petersburg | 16.1% | 114 | $2,616,114 |
| North Landing Beach RV Resort | Virginia Beach | 17.4% | 159 | $4,064,859 |
| Bull Run Campground | Centreville | 17.6% | 150 | $3,893,943 |
| Walnut Hills Campground & RV Park | Staunton | 17.7% | 139 | $3,650,243 |
| Holiday Trav-L-Park | Virginia Beach | 17.9% | 1000 | $26,561,875 |
| MADISON VINES RV RESORT & COTTAGES | Madison | 18.0% | 145 | $3,895,135 |
| Kosmo Village | Glen Allen | 20.4% | 17 | $328,692 |
Get Full Owner Contact Data for Virginia
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 Virginia.
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