20314 Brinks Willis Road

Description

Fully approved 231 site RV Resort in Foley, AL! Designed by an RV enthusiast and land developer, Club RV is a high-end RV Resort intentionally crafted to maximize rental revenue by offering a product that is far superior to its local competition. With 121 angled pull-thru sites, 110 angled back-in sites, and a luxurious amenity package, Club RV is conservatively projected to generate $3.435M in gross annual revenue and net $2.349M annually, resulting in a proforma cap rate of 13.8%. The amenity package includes a large zero-entry pool, a covered swim-up bar, and walk-up bar under a spacious pavilion, indoor pickle ball courts and gymnasium, mini golf, natural tree lines on all sides, and much more. The site is situated on Brinks Willis Rd between Highway 59 and The Foley Beach Express allowing for easy north/south travel. With 1,160 feet on Brinks Willis Rd and a 60-foot easement on Keller Rd, the project is designed to move traffic smoothly throughout the resort with two ingress and egress points. Club RV is located in south Baldwin County, AL just seven miles north of the white sand beaches in Orange Beach and Gulf Shores. With its southern border lined by the emerald waters of the Gulf of America, Baldwin County is the second fastest growing county in Alabama and the seventh fastest growing metropolitan area in the United States. It is estimated that 8.4M tourists visited Baldwin County in 2023 with 6.5M of them spending nearly $6.7B in Orange Beach and Gulf Shores. Foley is the fastest growing city in Alabama and is home to a plethora of national retail brands, the OWA amusement park, and a booming sports tourism business. Surrounding municipalities having either stopped or restricted RV development approvals making Club RV an extremely valuable asset that is well insulated from new competition and from recessions due to their vacation affordability and low cost of living for longer term tenants. Buyer to verify all information during due diligence.