RVRVParkOfferPrivate valuation

Licensing, zoning, septic

Michigan RV park licensing, zoning, and septic diligence

A clean transfer packet should include campground license history, water and wastewater records, utility maps, and any county health department correspondence.

Working cap-rate range9.0%-11.0%

Michigan parks often depend on seasonal lake, forest, and summer travel demand. Buyers will focus on the length of the earning season and whether revenue is concentrated in a few peak months.

What buyers will underwrite first

Michigan valuation should normalize short operating seasons, storage revenue, long-term seasonal campers, bathhouse condition, private water systems, and replacement cost for underground utilities.

Licensing, utilities, and transfer friction

Michigan campground diligence commonly includes campground licensing, water supply, wastewater, and EGLE environmental health requirements.

Brokered listing vs. private direct offer

Direct acquisition can work well for family owners who want a quiet sale after the season rather than a public listing during peak guest months.

Tax planning before the LOI

Seasonal owners should model after-tax proceeds early, especially if the sale includes real estate, equipment, cabins, and operating business value.

Sources reviewed