Built for RV parks and campgrounds
RV Park and Campground Underwriting Software
RV parks and campgrounds are underwritten differently than other real estate, and most sellers price them at their sunniest month. RVP Underwriter cuts through that.
Where RV park deals go wrong
The traps are specific to the asset: an annual occupancy average that hides a park running 95% in July and 45% in January, a transient nightly rate presented as if it were stable monthly income, and a reserve for roads, utility pedestals, and well and septic systems that the seller's numbers leave out entirely. Miss any of these and the cap rate you are buying is a fiction.
How RVP Underwriter handles it
- Annualizes the rent roll and computes economic occupancy from collected income, keeping the seller's claim next to the verified number.
- Flags seasonality so a peak-season window is never extrapolated into a full year.
- Sizes a per-site capital reserve stepped up for amenities, cabins, and private utilities, not a flat percentage.
- Prices three financing structures, including SBA and seller-carry paths that fit owner-operated parks.
What you get
A normalized NOI you can defend, a GO or NO-GO verdict, three offer structures with maximum allowable offers, and on the Dealmaker plan the full suite: lender memo, investor deck, negotiation playbook, and the pre-populated Excel model. Sharpen the inputs first with the cap rate and break-even occupancy calculators, and see the method in rebuilding the seller's NOI.
The whole workflow, in about two minutes
Drop the offering memorandum, T-12, and rent roll into RVP Underwriter. It reads them, rebuilds the NOI, verifies occupancy, researches your county's taxes and insurance, prices three offer structures, and generates the report suite including the pre-populated Excel model. Start free.
Questions
Does it handle seasonal parks?
Yes. It detects seasonality and refuses to annualize a peak-season window flat, asking for a full T-12 and flagging the bias when only partial data exists. Occupancy is taken from the rent roll, not the seller's best month.
Can it underwrite an SBA or seller-carry structure?
Yes. It prices a conventional offer, a bank-plus-seller-carry stack, and a full seller-financed offer, and you can enter your own structure (assumable debt, standby notes, specific dollar amounts) to have it underwritten exactly as described.
Also for
RVP Underwriter underwrites income property across asset types. See who it is for, the features, or just run your deal free.