Offering Memorandum DAVID FENDER Director of Commercial Development & Brokerage KW Commercial at The Duley Group 770.403.9754 Fender@kw.com
I-49 and Razorback Greenway frontage! Fantastic 11.4-acre RV Park investment opportunity on I-49 and the Greenway! The proposed plan includes 11.4 acres, 97 full hook up sites, paved sites and drives, office and a bathhouse with onsite laundry. Located on I-49 across from Gander RV, within 2 miles of Walmart and within 5 miles of the Walmart Amp, Top Golf, Bass Pro, numerous fast-food establishments and Pinnacle Promenade.
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
505 North Goad Springs Road Lowell, Arkansas
OFFERING SUMMARY SALE PRICE
$6,200,000
LOT SIZE:
11.43 Acres
Proposed Use:
RV Park
ZONING:
Commercial
PARCEL #:
12-00178-005
RV Sites:
97
Amenities:
Office, Bathhouse, Full Hook Ups, Paved Pads
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Perfect Location • Directly across I-49 from Gander RV dealer • Easy Interstate Access with signage opportunity on Interstate • Surrounded by Green Space • Alongside the Razorback Greenway Trail: 36-miles of trails connecting all of NWA • Within 5 miles of the Walmart Amp, Top Golf, Bass Pro, Numerous Fast-Food Establishments and Pinnacle Promenade
About the RV Industry The global recreational vehicle market by revenue is expected to grow at a CAGR of over 7% during the period 2019-2025. The global RV market size to reach $42 billion in 2020 and is projected to grow on account of the increasing demand for camping and outdoor recreational activities in the millennial population, especially in the US. RVs are highly popular among Americans, and over 11% of
households own an RV.
The recreational vehicle market contributes an overall $114 billion to the US economy, employing over 600,000 people. 10,000 baby boomers retire PER DAY – many of them are going to use an RV in their retirement.
RV Resort Plan as Proposed
•11.4 Acres •97 Full Hook Up Sites •Office, Check-In and Bathhouse with Laundry •All paved sites and paved drives •Easy access from I-49
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
505 Goad Springs Road
I-49 Frontage
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Razorback Regional Greenway
RAZORBACK REGIONAL GREENWAY Planned for more than 20 years, the Razorback Regional Greenway is now a reality. This 36mile, primarily off-road, shared-use trail connects the downtown areas of Fayetteville, Bentonville, Rogers, Springdale, Lowell and Bella Vista, their arts and entertainment districts, shopping opportunities, the University of Arkansas campus, playgrounds and neighborhoods. It’s a great, mellow ride suitable for all skill levels.
Demographics
Why NWA? • Northwest Arkansas is rated as one of the best places to live in the U.S. thanks to its low cost of living, outdoor activities, world-class arts institutions, and a per-capita income that’s 14% higher than the national average. • According to Forbes, the Fayetteville-Springdale-Rogers MSA is No. 2 on its list of Best Midsize Cities for Jobs. The ranking was published in May 2018. • The January 2018 Milken Institute report found the Fayetteville-SpringdaleRogers Metropolitan Statistical Area’s economy at No. 25 among large metropolitan areas with especially strong growth in jobs. • Fayetteville-Springdale-Rogers (Northwest Arkansas) Metropolitan Statistical Area is No. 5 on U.S. News & World Report 2018 list of Best Places to Live. Northwest Arkansas has stayed in the Top 5 for three years in a row. • Home of America’s Top Companies: Walmart, Inc., J.B. Hunt, & Tyson Foods + many more.
KW Commercial KW Commercial is the
commercial real estate arm of Keller Williams Realty, the number one real estate company in the United States. Our commercial team consists of the most knowledgeable, results-driven brokers backed by the most innovative and scalable technology the commercial real estate industry has to offer. When you work with The Duley Group, you aren't just working with a single broker, you're hiring a vast network of dedicated real estate professionals. That's our commitment to you.
DAVID FENDER Director of Commercial Development & Brokerage KW Commercial at The Duley Group 770.403.9754
As Director of KW Commercial Brokerage & Development, David brings a vast array of experience to the table in assisting clients with their Commercial Real Estate needs. He has over 30 years of entrepreneurial and corporate experience with top international companies such as Prudential, GMAC Commercial Mortgage and Citicorp in asset management and commercial lending specializing in franchise finance. His diverse experience has given him a deep understanding of the complex needs of today's tenants,