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Timberline RV Campground | Waukee, Iowa 31635 Ashworth Rd 184 Unit Mobile Home Park $14,443,333 CAD ($78,496 CAD/Unit) 8% Cap Rate Waukee, IA 50263



Executive Summary
Cushman and Wakefield Iowa Commercial Advisors Exclusively Offers:
Timberline RV Campground presents a rare opportunity to acquire a well-established, 184-site RV destination strategically positioned in Waukee—one of Iowa’s fastest-growing and most desirable suburbs. Located conveniently off of I-80 and spanning ±27.79 acres, the property benefits from exceptional demand drivers, including Waukee’s rapid population growth, strong economic expansion, and proximity to major employment centers within the Des Moines metro. With its large site count, operational stability, and prime location near ongoing residential and commercial development, Timberline offers investors immediate income strength paired with long-term upside in a thriving, high-growth market.
Timberline RV Campground presents a rare opportunity to acquire a well-established, 184-site RV destination strategically positioned in Waukee—one of Iowa’s fastest-growing and most desirable suburbs. Located conveniently off of I-80 and spanning ±27.79 acres, the property benefits from exceptional demand drivers, including Waukee’s rapid population growth, strong economic expansion, and proximity to major employment centers within the Des Moines metro. With its large site count, operational stability, and prime location near ongoing residential and commercial development, Timberline offers investors immediate income strength paired with long-term upside in a thriving, high-growth market.
Property Facts
| Price | $14,443,333 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $78,496 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 27.79 AC |
| Cap Rate | 8% | Building Size | 92,000 SF |
| No. Units | 184 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1963 |
| Price | $14,443,333 CAD |
| Price Per Unit | $78,496 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| No. Units | 184 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 27.79 AC |
| Building Size | 92,000 SF |
| No. Stories | 1 |
| Year Built | 1963 |
Amenities
Site Amenities
- Laundry Facilities
- Picnic Area
- Playground
- Pool
- On-Site Retail
- Wi-Fi
- Pond
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,001,238 CAD | |
| Land Assessment | $2,306,972 CAD | Total Assessment | $4,308,210 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$2,306,972 CAD
Improvements Assessment
$2,001,238 CAD
Total Assessment
$4,308,210 CAD
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Street
Map
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Timberline RV Campground | Waukee, Iowa | 31635 Ashworth Rd
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