1368 Old Badger Road , Fairbanks, AK 99705(Fairbanks North Star Borough)

The Riverview RV Park, located only 10 minutes from Fairbanks, Alaska, has been rated for decades as the #1 RV park in Alaska. It is now offered for sale to qualified buyers. Situated on 17.5 acres along the Chena River, the Riverview RV Park is located in a quiet, beautiful setting. The nearest competition, in Fairbanks, is located in a busy traffic area with heavy auto, airport, and boat traffic. The property has been well maintained and is in excellent condition, and delivers a quality experience to its guests. Bookings are steady and the property returns an excellent cash flow.

Located Near The Alaskan Highway On The Northern End Of The Loop

There are only two major highways in Alaska. Highway 1 starts on the coast near Anchorage and heads north hundreds of miles. Highway 2 is known as the Alaskan Highway and comes in from the southeast in the Yukon Territory. The two highways meet some 200 miles southeast of Fairbanks. The Alaskan Highway heads northwest to Fairbanks, which is the northernmost city on the highway, and then becomes Highway 3 as it heads southwest towards Denali National Park. Most summer visitors make the whole loop, and many of them are driving RVs. Its only natural that theyre going to book a stay at the Riverview RV Park.

Quality RV Sites And Facilities

Of the 160 sites at Riverview RV Park, 158 are full hookups and two are camping sites. 102 sites are served by 30-amp hookups and 58 sites have 50-amp hookups. Most sites are 70-foot pull-through sites with lawns.

The property has excellent facilities:

Large laundry with 12 washers and 11 dryers in a nice neat building

2 bath houses with a total of 14 private showers with dressing area & nicely equipped adjoining mens and womens restrooms, 12 toilets

Oil water heaters for both laundry and bath houses

Enclosed RV & vehicle wash area with separate well, pump, and pressure tank

40x60 taped & textured shop with 16 ceiling, hoist, work benches

1-bedroom owners apartment in the shop with living room, kitchen, and deck with a view of the river

RV park office and gift shop

Office with bathroom, in-floor heat in ground floor of shop

Club house with commercial kitchen, outdoor barbecue, and indoor dining or show area, 30x30 all-weather wood deck

Garbage truck with 10-yard dumpster

(2) 41-passenger buses

1) 12-passenger van

15,000-gallon enclosed Chicago aeration sewer plant with 10,000-sq.-ft. leach field

6-inch well and water treatment system

3-hole pitch-and-putt golf course

Future Expansion Potential For Cabin Sites

The property has room enough for up to 20 cabins that could easily be connected to the existing water and sewer system. During the summer tourism season, cabins along the Chena River are very much in demand, and rent for $175-$200 a day. Based on 50% occupancy, cabin rentals could account for as much as $150,000 a season in additional income.

Possible Expansion To Winter Operations

In its current mode of operation, the Riverview RV Park is open 4 months a year, bringing in a handsome profit so that the owners can spend 8 months of the year in leisure. There is, however, room for quite a bit more business. In Oriental cultures, children conceived under the Northern Lights are considered to be very lucky. Believe it or not, theres a very active winter tourism industry for Asians to come to Alaska to see the Northern Lights. Cabin rentals in particular could provide an excellent winter income stream.

Gas Pipeline Construction Promises Additional Income Stream

There are plans to build a major gas pipeline through Fairbanks, and those workers will need housing. The Riverview RV Park will naturally see a strong increase in longer bookings as a result, for as long as 10 years.

Large Development Parcels On The Chena River Are In High Demand

You wouldnt think it would become crowded in Alaska, but large parcels on the Chena River near Fairbanks are hard to find. This property, with current commercial zoning, an excellent well, good soils, access to a major road, and a package sewer plant, is one of the largest unbuilt properties left on the Chena River near Fairbanks. Over time, the property should continue to appreciate in value while still delivering a steady income stream.