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Timberline RV Campground | Waukee, Iowa 31635 Ashworth Rd 184 Unit Mobile Home Park $10,325,000 ($56,114/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 | $10,325,000 | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $56,114 | 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 | $10,325,000 |
| Price Per Unit | $56,114 |
| 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
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,439,460 | |
| Land Assessment | $1,659,370 | Total Assessment | $3,098,830 |
Property Taxes
Parcel Numbers
Land Assessment
$1,659,370
Improvements Assessment
$1,439,460
Total Assessment
$3,098,830
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Timberline RV Campground | Waukee, Iowa | 31635 Ashworth Rd
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