1570 Hwy 224 S, Kellogg, IA, 50135

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$5,000,000
15 Days On Site

1570 Hwy 224 S
Kellogg, IA 50135

For Sale|Business|Active
0
Beds
0
Full Baths
0
Partial Baths
1,980
SqFt
$2,525
/SqFt

Built
County:
Jasper
Listing Courtesy of MRED as distributed by MLS Grid of MR. LANDMAN

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1570 Hwy 224 S1570 Hwy 224 S1570 Hwy 224 S1570 Hwy 224 S
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Located on 8.32 acres of commercially zoned land, Kellogg RV Park offers a unique opportunity to own a thriving hospitality business with multiple income streams. Built in approximately 1994, the park boasts 38 full-service pull-through RV sites, all equipped with 20/30/50 amp electrical pedestals, and additional primitive tent camping sites. Conveniently situated just off Interstate 80, this property benefits from high visibility, with an average daily traffic count of 29,200 vehicles, ensuring a steady flow of guests. 1. RV Sites and Amenities: *38 pull-through sites with full utility hookups. *Electrical pedestals upgraded with 20/30/50 amp service and larger wiring installed. *Underground water lines made of Plastic/BLUE pipe and sewer lines made of PVC for durability and reliability. *No deferred maintenance; all sites are guest-ready. *Additional primitive tent camping sites for more rustic accommodations. 2. Facilities: *Modernized bathhouses featuring 4 showers and 4 toilets. *Recently remodeled laundry facility with updated interior and exterior. *Well-maintained roads built with 3/4 chip and seal gravel in excellent condition, with potential for future asphalt upgrades. 3. Utilities: *Operates on private well and septic systems, providing independence from municipal services. 4. Additional On-Site Businesses: *Profitable Cafe: A favorite among guests for meals and refreshments. *Convenience Store and Gas Station: Ensures additional income from fuel sales and essential items, increasing guest spend per visit. Upgrades & Improvements: *Complete interior and exterior remodel of the bathhouse and laundry facility. *Installation of new, larger electrical wiring and upgraded pedestals. *Addition of a Bocce ball court for guest recreation. *Extensive landscaping enhancements, including new tree plantings and artistic wood carvings created from emerald ash borer-damaged trees. Operational Highlights: *Management and Staff: The park is operated by a manager and maintenance personnel, ensuring smooth day-to-day operations. *Guest Profile: Approximately 50% of guests are long-term monthly stays, often workers at local job sites, while the remaining 50% are travelers and retirees staying overnight or for weekends. Many guests extend their stays, drawn by the park's serene atmosphere. *Rate History: Rates were last increased a year ago and are now competitively positioned between the cheapest and most expensive parks in the area. Strategic Location: *Immediate on/off access to Interstate 80, making it a convenient stop for travelers. *Positioned to capture business from both overnight travelers and long-term guests. Expansion Potential: With room to expand, this property offers the opportunity to add more RV sites, tent sites, or additional amenities, further boosting revenue potential. Owner Insights: *The park is designed to maximize guest spending through its three-legged business model: RV park, cafe, and gas station/convenience store. This setup creates multiple revenue streams and provides above-average daily spending per guest compared to competing parks. *Guests often extend their stays due to the park's peaceful setting, excellent amenities, and convenient location. Kellogg RV Park is more than just an RV park-it's a well-rounded business that captures revenue from multiple sources. With modern infrastructure, a prime location, and a proven record of profitability, this property is an exceptional opportunity for investors seeking a stable and scalable operation.

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Listing Snapshot
Price 
$5,000,000
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,980 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
N/A
MLS® Number 
12222323
Status 
Active
Property Tax 
$9,946
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Number Of Stories 
1
Property Sub Type 
Business
SqFt Total 
1980
Zoning 
COMMR
Interior Features
Cooling 
Central Air
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Community Features
MLS Area 
Out of Area South
Listing Courtesy of MRED as distributed by MLS Grid of MR. LANDMAN



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
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Source: Walkscore
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