St. Augustine firm buys Ocala RV resort for $33M - Jacksonville Business Journal

St. Augustine-based real estate investment firm DLP Capital has acquired a high-end RV resort in Ocala with plans to develop a restaurant, general store and an outdoor community area at the site.

The Ocala North RV Resort spans 73 acres and consists of 385 sites for RVs and cottages, according to a press release. Citing a study conducted by research firm Ipsos, DLP Capital sought to invest in RV parks at a time when more than 11.2 million households in the U.S. own an RV, up 62% from 20 years ago.

The resort features the state's largest groomed dog park, pickleball and shuffleboard areas, and bocce ball courts, the release said. DLP Capital will upgrade some amenities and add more cottage accommodations, CEO Don Wenner said. “RV resorts are an emerging asset class for investment with tremendous untapped value given prolific growth in the RV leisure market,” Wenner said. “America has changed the way it travels with the return of the road trip becoming increasingly popular, without the hassles of planes and trains. RV resorts are especially appealing to those interested in active outdoor getaways, and DLP Capital is refining the RV experience with amenity-driven resorts.

DLP Capital has also developed Island Oaks RV Resort near Jacksonville, which opened in 2022 and includes 385 RV pads.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jacksonville Airport construction - Jacksonville Business JournalJacksonville International has many changes in store to make travel more efficient for every passenger. See where all of the major projects stand today. Great to see this growth! Who can I get in touch with to learn more about what they are doing? Any help is greatly appreciated!! Duval
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Laura Gonzales will lead Matthews Real Estate's expansion into Jacksonville - Jacksonville Business JournalIt will be the company's third office in Florida and 17th in the country.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Expansion Jacksonville soccer team selects former JU coach for leadership position - Jacksonville Business JournalMauricio Ruiz joined the organization in a business development role where he will also 'advise and support' operations.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

The List: Here's the largest rehabilitation facilities on the First Coast - Jacksonville Business JournalHere are the First Coast's largest rehabilitation facilities by number of licensed therapists.
Source: JaxBizJournal - 🏆 599. / 51 Read more »

Founders of Hamptons' The Bridge car show debuting The Hanagar in Fernandina - Jacksonville Business JournalFounders of elite New York car show debuting new event in Fernandina
Source: JaxBizJournal - 🏆 599. / 51 Read more »

State to double number of medical marijuana licenses - Jacksonville Business JournalInvestors and marijuana operators view Florida as one of the country’s premiere landscapes to set up shop. Good for the state. What I do not understand is why making people rich is more important than all the people we still throw in jail, because they don't have a med license. It's recreational in Washington DC. A street dealer loses everything, if caught, while the store only wins.
Source: JaxBizJournal - 🏆 599. / 51 Read more »