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2282 AL Highway 87 - Trojan Station RV Park 865,101 SF Specialty Building Offered at $2,093,880 CAD at a 7.02% Cap Rate in Troy, AL 36079



INVESTMENT HIGHLIGHTS
- Trojan Station is currently achieving monthly lot rent of $525
- No county zoning restrictions, creating flexibility for future development and/or branded repositioning
- 76 operational RV slots with phased expansion potential for additional income-producing assets
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,093,880 CAD | Property Subtype | Trailer/Camper Park |
| Price Per SF | $2.42 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 19.86 AC |
| Cap Rate | 7.02% | Building Size | 865,101 SF |
| Sale Condition | Business Value Included | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2023 |
| Zoning | N/A - No county zoning restrictions | ||
| Price | $2,093,880 CAD |
| Price Per SF | $2.42 CAD |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| Sale Condition | Business Value Included |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 19.86 AC |
| Building Size | 865,101 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Zoning | N/A - No county zoning restrictions |
ABOUT 2282 AL HIGHWAY 87 , TROY, AL 36079
Trojan Station RV Park, located in Troy, Alabama, is a newly developed, strategically positioned hospitality asset designed to capture a diverse range of demand drivers. Opened in November 2023, the property has been thoughtfully expanded through phased development, now offering 76 fully operational RV slots. Situated on 19.86 acres with 220' of frontage along Highway 87/167, the park benefits from excellent visibility and accessibility, while also providing significant expansion potential with approximately 10 acres of adjacent undeveloped land. The park is supported by strong local demand generators, including Troy University, which provides shuttle service to and from football games and daily student routes, as well as the nearby Troy Sportsplex, which actively promotes the park to visiting teams for baseball, softball, pickleball, soccer, and swimming events. Additional demand flows from transient tailgaters, contract employees working with local employers such as Lockheed Martin and Walmart Distribution, traveling hunters, and seasonal “snowbirds” who frequent the Florida-Alabama beach corridor. Its location, just 2.4 miles from U.S. Highway 231 and 3.5 miles from Troy University’s stadium, ensures both convenience and consistent occupancy across tenant groups. Trojan Station RV Park is further enhanced by quality on-site amenities and operational efficiency. A one-acre converted residence serves as the office, bathhouse and coin-operated laundry facility, with keypad access for tenants. Management is supported by both on-site and off-site staff, ensuring smooth operations and responsive tenant service.
PROPERTY TAXES
| Parcel Number | 1704-1700000-270010 | Improvements Assessment | $60,706 CAD |
| Land Assessment | $24,686 CAD | Total Assessment | $85,393 CAD |
PROPERTY TAXES
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2282 AL Highway 87 - Trojan Station RV Park
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