The True Cost of Selling an RV Park: Fees, Taxes, and Hidden Expenses Explained
Selling an RV park? Learn about brokerage fees, closing costs, and tax implications so you can maximize your net profits.
Introduction:
Selling an RV park can be a lucrative decision, but unexpected fees and taxes can take a bite out of your final payout. Here’s what every seller should know about the true costs of selling their property.
1. Broker Commissions & Closing Costs
When working with a broker, you’ll typically pay a commission fee (usually 3-6% of the sale price). Additional closing costs may include:
- ✔ Legal fees for contract preparation & review
- ✔ Title insurance and escrow fees
- ✔ Loan payoff penalties (if applicable)
2. Capital Gains Taxes
If you sell your RV park for a profit, you may owe capital gains tax, which depends on:
- How long you’ve owned the property
- Your overall taxable income
- Any depreciation recapture penalties
3. Repairs & Improvements
Some sellers invest in last-minute upgrades to increase value, such as:
- ✔ Fixing electrical, plumbing, or septic issues
- ✔ Upgrading guest facilities or roads
- ✔ Landscaping and signage improvements
4. Ways to Reduce Costs
Working with an experienced RV park broker can help you:
- ✅ Price your property correctly to avoid unnecessary fees
- ✅ Structure the sale tax-efficiently
- ✅ Negotiate closing costs to maximize net proceeds
💰 Want to keep more of your sale profits? Schedule a free consultation.
Jake Thayer is a Managing Partner at Campfire Capital Group, specializing in acquiring and brokering RV parks and campgrounds. With expertise in deal structuring, market analysis, and transaction execution, he helps investors maximize value in the outdoor hospitality industry.
