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2282 AL Highway 87 - Trojan Station RV Park 865,101 SF Specialty Building Offered at $1,500,000 at a 7.02% Cap Rate in Troy, AL 36079

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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

Trojan Station is a newly developed RV Park along the AL-87 beach corridor in the thriving college town of Troy, AL. Current ownership has developed roughly half of the 20 acres into 76 RV slots with 50/30/20 Amp power, Water and Sewage connections. The park offers pull-through and back-in options for customers and is currently achieving $525 for monthly rentals and $60 per night. On-site management is conveniently available near the park's entrance and willing to assist with any tenant needs. A recent home conversion at the front of the property now adds coin laundry and a bathhouse to the list of amenities. The remaining ~11 acres is unhindered by zoning restrictions, features a small pond, and offers the next investor the opportunity to extend the RV footprint or forge another income producing path via tiny homes, treehouses, etc.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL ANNUAL PER SF
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
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,500,000
Price Per SF $1.73
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

PROPERTY TAXES

Parcel Number
1704-1700000-270010
Land Assessment
$17,600
Improvements Assessment
$43,280
Total Assessment
$60,880
  • Listing ID: 37971676

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 2282 AL Highway 87, Troy, AL 36079

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