Photos
$1,699,000
MLS: 05022-10283
28 Acres
3 beds
10.0 baths
The buyer looking for a recreation business with excellent income should jump all over this offering—the Riverview RV Park in Fairbanks, Alaska is an outstanding investment opportunity that provides excellent cash flow for only a few months’ work. Those who are familiar with Alaska know that Fairbanks is the highest point on the Alaskan Highway. There are other roads north of Fairbanks, but it’s considered the turnaround point for all those travelers who have journeyed north to see the wonders of Alaska. The Riverview RV Park is situated to take advantage of the stream of RV travelers making their way north every summer. Once the stream of travelers dries up in mid-September, the owners shut the place down and head south for the winter.
The Riverview RV Park has an outstanding set of improvements on a 28-acre parcel, which is on the banks of the Chena River. There are a total of 160 RV spaces, all but four of which have power. ___ of the spaces have 50-amp hookups; ___ have 30-amp service. The park is designed so Class A motorhomes can pull through without backing up. The park has the following assets:
3-bedroom, 2-bath manager’s home
40 x 60 shop insulated building (6” insulation in walls, 12” in ceiling, in-floor radiant heat)
Business office 16 x 24 with bathroom
10-station laundry
Men’s bathhouse & women’s bathhouse (noted as “the cleanest ever”)
Screened-in 32 x 48 common area for cookouts & social gatherings with 30 x 30 deck overlooking the river
Package sewer plant with oversized leach field
Commercial well & water treatment plant
3-hole chip-and-putt golf course
There is a great deal of pride of ownership on this property and the improvements are in immaculate condition.
The Canadians shut down the border with the US during 2020 for fears of CoVid-19, which caused a big dip in reservations for Riverview RV Park. Now that the border is open again, travel has resumed and bookings are flooding in. The season starts in early May and goes through September 15, at which time the bookings dry up, and the park is boarded up and closed for the season. However, the bookings during the four-month summer season are terrific, with well over 9,000 total bookings during an average season.
The RV park comes with all FF&E necessary to run the place, including all tools, lawn mowers, a Chevy pickup truck, and a Bluebird retired school bus used to shuttle people back and forth to town. Seller’s personal items are excluded.
Listing courtesy of Alaskan Realty, Robert Fox. United Country Colorado Brokers is acting as marketing agent.
