Virginia-only underwriting tool
What is your Virginia RV park actually worth?
RV parks trade on net operating income and a cap rate, not on a per-site rule of thumb. Enter your numbers below and this calculator shows the same math our acquisitions team runs — gross revenue, normalized NOI, and a value range using the cap-rate band we apply to your Virginia submarket.
Your park
- Gross revenue
- $537,460
- Estimated NOI
- $295,603
- Cap rate band
- 8.0–10.0%
Indicative value range
$2,956,030 – $3,695,038
That is roughly $49,267 to $61,584 per site. This is an estimate from the inputs you typed, not an offer. Utilities, septic capacity, flood zone, and deferred capital move the real number in both directions.
Why the per-site rule of thumb fails in Virginia
A 60-site park in Wytheville and a 60-site park in Cape Charles can differ by seven figures. Season length, water and septic capacity, the share of annual versus transient contracts, and whether the county would ever approve another campground next door all matter more than the site count.
Reading your own numbers
Four adjustments we make before we price a Virginia park
Owner labor gets added back — then priced in
If you and your spouse run the office, mow, and handle after-hours calls, your expense ratio understates the truth. We add a market management cost back in, which usually lands between 8% and 12% of revenue for a Virginia park of this size.
Seasonal parks are not annualized at peak
A Shenandoah or Eastern Shore park running 85% for fourteen weeks is not an 85% occupancy asset. We model the real calendar, including shoulder-season weekends and winter storage.
Utility risk is capital, not opinion
An aging septic drainfield, a private waterworks under state health oversight, or 30-amp pedestals in a 50-amp market are quantified as a capital number and subtracted once — not used to renegotiate later.
Non-site income is valued separately
Cabins, glamping units, boat slips, storage, and store revenue carry different risk than RV sites, so we cap them separately instead of blending everything into one number.
