U.S. industrial is shifting from boom to balance. Vacancy has stabilized near cycle highs as deliveries slow, absorption improves, and rent growth normalizes. The next 12-18 months will be won by market selection and asset quality - not broad beta.

Developing a new RV park requires more than securing land and installing hookups. Feasibility depends on site selection, zoning approvals, infrastructure capacity, seasonal demand patterns, and disciplined financial modeling. This guide outlines lender-focused benchmarks including occupancy expectations, operating margins, break-even thresholds, and cap rate targets to evaluate whether a proposed RV park can achieve sustainable cash flow and acceptable risk-adjusted returns.

The RV park sector enters 2025 with strong utilization, durable demand, and attractive investor yields. Industry revenue is estimated near $10.9B, while occupancy remains elevated in many markets due to limited new supply and persistent travel demand. For investors, the niche continues to price at comparatively high cap rates, often in the 7-12% range, reflecting both operational intensity and compelling cash flow potential.