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Tri Cities RV Park

Purchase Price
Sale Price

Developed in 1968, this value-add extended stay RV park is located in Kennewick, WA. The asset was under managed and benefited from capital improvements to the grounds, signage, fencing, and overall aesthetic upgrades. Rents were stabilized and vacancies were filled over the course of the first year, improving monthly collections by over 19%. The Pilot team also negotiated favorable seller financing terms with no prepayment during the acquisition process.


After approximately nine months of operations, Pilot received an unsolicited offer to purchase the park. The original hold period was projected to be five to seven years, but the market conditions and contract negotiations allowed us to exit this asset and exceed our 7-year projected sales price by month 13. This investment exceeded expectations on all levels.

Tri Cities RV Park
Kennewick, WA


RV/Mobile Home Park 142 units

December 2019 – December 2020

Want to learn more about this deal? Get in touch!  | 206.566.6609

150 Nickerson Street Suite 211
Seattle, WA 98109

+1 206 566 6609

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Pilot Capital is a registered trade name of Pilot Ventures LLC, a Washington limited liability company. All content available on this website is intended simply as an overview of Pilot Capital, a sample of its investments and a summary of financial performance, and does not purport to be complete and is for informational purposes only. For further information concerning Pilot, its business and investments, its track record performance and calculation of returns and assumptions regarding projected returns reported herein, please contact us. Past performance is not a guarantee of future results. Neither the website nor any of its content is offered as investment, legal, or tax advice or a recommendation to purchase any specific security. The information presented on this website may not be current or complete. Before making any decision to invest in Pilot or its affiliated entities, potential investors should carefully consider risk factors and other information available from Pilot regarding any particular investment, including a limited liability company operating agreement, the commercial and investment real estate purchase and sale agreement for a particular property and the project summary and pro forma information for a particular property. Investors are urged to consult with their own professional advisers before making any investment decision. An investment in real estate involves a high degree of risk and should be considered only by highly sophisticated persons who can bear the economic risk of loss and illiquidity.
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