Looking for Tips on Partnering with an Investor for RV Park or Campground Acquisition

[Michele Gillingham]

Hi BP community! My husband and I are actively looking to purchase and operate an RV park or campground in the Pacific Northwest, Colorado, or the Northeast. We've got the operational side covered (bookkeeping, teaching, maintenance, guest services) and plan to live onsite and run it ourselves.

We’re currently seeking a capital partner or investor to help fund the down payment. Ideally, we’d offer a preferred return, equity stake, and a clear path to return of capital via sale or refinance.

We’d love to hear from anyone who’s done a similar deal:

• How did you structure your partnership?

• What do investors typically want to see in a deal like this?

• Any red flags or tips to avoid common pitfalls?

• Is seller financing + investor capital a realistic combo?

• Would love feedback on our pitch if anyone is open to it!

Thanks in advance—we’re passionate about this path and appreciate any insights!

[Michele Gillingham]

Thank you so much for this thoughtful and detailed reply! I really appreciate the insight into structuring the ownership through a partnership LLC and using a Holding LLC for added protection—that makes a lot of sense. We're definitely planning to include strong asset protection language in the Operating Agreement and outline clear terms for return of capital. And yes, I'm being very mindful about how we engage with potential investors to stay compliant with SEC regulations. I also agree that background checks are a smart precaution. Thanks again for sharing this—it's incredibly helpful as we move forward!