Commercial Land
5310 East 900 North Fair Oaks, IN 47943
Details & Description
Price: $3,800,000
    Marcus & Millichap is pleased to present the opportunity to acquire two RV communities located in Illinois and Indiana. The portfolio contains a total of 560 sites, of which, 470 are full hook-up, 70 have water and electric and the remaining 20 are primitive sites. All of the resorts boast a full amenities package. Oak Lake RV Resort is located in Fair Oaks, Indiana (approximately 70 miles south of Chicago) on approximately 68 acres. The family resort contains 276 sites, of which 233 are full hook-up, 37 have water and electric and the remaining six are primitive. Oak Lake RV Resort provides its visitors with a variety of amenities including a laundry facility, convenience store, playground, fishing lake, swimming lake, volleyball court, and walking trails. Lake Louise RV Resort is on approximately 62 acres and surrounds a 13 acre lake located in Byron, Illinois. The resort has 286 total sites (237 full hook-up, 33 water and electric, 16 primitive and two stick built homes). Visitors are able to enjoy a basketball and volleyball court, horseshoes, laundry facility, picnic area, playground, spa, swimming pool and lake. Per GoRVing, RV ownership has increased over 62 percent in the last twenty years with a record 11.2 million RV owning households. Additionally, an incredible 9.6 million households intend to buy an RV within the next five years.Two All-Age RV Resorts Containing a Total of 560 Sites | One Resort is Located Northwest of the Chicago MSA While the Other is Southeast.Per GoRVing, RV Ownership has Increased Over 62 in the Last Twenty Years With A Record 11.2 Million RV Owning Households.
    Property Highlights
     Additionally, 9.6 Million Households Intend to Buy an RV Within the Next Five Years
     Opportunity to Acquire an RV Portfolio in Illinois and Indiana
    Listing Agents
    Kyle Baskin

    O: 216-264-2059
    kyle.baskin@marcusmillichap.com
    Michael DiCillo Jr.
    Marcus & Millichap
    O: 216-264-2034
    michael.dicillo@marcusmillichap.com
    Jonathon McClellan
    Marcus & Millichap
    O: 216-264-2023
    jonathon.mcclellan@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5310 East 900 North

    Fair Oaks, IN 47943

    Oak Lake RV Resort

    Listing ID: 276074
    • 5310 East 900 North Fair Oaks, IN 47943 | for Sale | Photo 1
    • 5310 East 900 North Fair Oaks, IN 47943 | for Sale | Photo 2
    • 5310 East 900 North Fair Oaks, IN 47943 | for Sale | Photo 3
    5310 East 900 North | for Sale | Thumbnail 1
    5310 East 900 North | for Sale | Thumbnail 2
    5310 East 900 North | for Sale | Thumbnail 3
    Building Size: --
    Lot Size: 66.590 AC
    Land Size: 2,900,660 SF
    Building $/SF:
    Land $/SF: $1.31
    Price
    $3,800,000
    Property Highlights
    Opportunity to Acquire an RV Portfolio in Illinois and Indiana
    Additionally, 9.6 Million Households Intend to Buy an RV Within the Next Five Years
    Description

    Marcus & Millichap is pleased to present the opportunity to acquire two RV communities located in Illinois and Indiana. The portfolio contains a total of 560 sites, of which, 470 are full hook-up, 70 have water and electric and the remaining 20 are primitive sites. All of the resorts boast a full amenities package. Oak Lake RV Resort is located in Fair Oaks, Indiana (approximately 70 miles south of Chicago) on approximately 68 acres. The family resort contains 276 sites, of which 233 are full hook-up, 37 have water and electric and the remaining six are primitive. Oak Lake RV Resort provides its visitors with a variety of amenities including a laundry facility, convenience store, playground, fishing lake, swimming lake, volleyball court, and walking trails. Lake Louise RV Resort is on approximately 62 acres and surrounds a 13 acre lake located in Byron, Illinois. The resort has 286 total sites (237 full hook-up, 33 water and electric, 16 primitive and two stick built homes). Visitors are able to enjoy a basketball and volleyball court, horseshoes, laundry facility, picnic area, playground, spa, swimming pool and lake. Per GoRVing, RV ownership has increased over 62 percent in the last twenty years with a record 11.2 million RV owning households. Additionally, an incredible 9.6 million households intend to buy an RV within the next five years.

    Two All-Age RV Resorts Containing a Total of 560 Sites | One Resort is Located Northwest of the Chicago MSA While the Other is Southeast.

    Per GoRVing, RV Ownership has Increased Over 62 in the Last Twenty Years With A Record 11.2 Million RV Owning Households.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Fair Oaks Area Market Trends

    Listing Demographics for 5310 East 900 North Fair Oaks, IN 47943

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population613,4648,230
    Population Median Age414041
    Population by Age0-9 Yrs7 (11%)418 (12%)921 (11%)
    10-19 Yrs8 (13%)505 (14%)1156 (14%)
    20-29 Yrs9 (14%)413 (11%)912 (11%)
    30-39 Yrs5 (8%)395 (11%)807 (9%)
    40-49 Yrs9 (14%)419 (12%)1141 (13%)
    50-59 Yrs8 (13%)417 (12%)1143 (13%)
    60-69 Yrs10 (16%)529 (15%)1138 (13%)
    70+ Yrs6 (9%)368 (10%)1011 (12%)
    Median HH Income$52,404$68,166$68,692
    Total Household Income< 24K6 (25%)121 (10%)391 (13%)
    25-49K5 (20%)245 (20%)629 (21%)
    50-74K6 (25%)352 (29%)623 (21%)
    75-99K2 (8%)208 (17%)509 (17%)
    100-199K4 (16%)270 (22%)703 (23%)
    200K+1 (4%)12 (0%)88 (2%)
    Highest Education LevelNo Diploma13383718
    Diploma or GED139252243
    Some College104471408
    Assoc. Degree4323606
    Bachelors Degree1174561
    Higher Degree1117207
    Total Housing Units251,2503,068
    --Owner-Occupied191,0562,479
    --Renter-Occupied6153465
    Owner-Occupied Values< 100K8211367
    100-199K76241451
    200-299K3143441
    300-399K161148
    400-499K0829
    500K+0843
    Total Working Age Population502,7286,650
    In Work Force261,6313,835
    Not In Work Force241,0982,816
    Workforce Employed241,5073,516
    Workforce Unemployed3120315
    Civlian Workforce261,6273,831
    Military Workforce034
    Total Households241,2092,944
    Family Households179342,221
    Non-Family Households7275723
    Married Couple167611,781
    Other Family1173440
    Married w/Child7297630
    Single Male w/Child02936
    Single Female w/Child168149

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Jasper County30,043+1133,478+133,879+736,308
    Lake County484,564+2496,005-3479,815+1482,321
    Newton County14,566-214,244-313,797-413,198

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 5310 East 900 North in Fair Oaks?
    The asking price for 5310 East 900 North is $3,800,000
    How much land does the Fair Oaks, IN property at 5310 East 900 North include?
    5310 East 900 North in Fair Oaks includes 66.590 acres of land
    What kind of Land is the propery at 5310 East 900 North?
    The property at 5310 East 900 North Fair Oaks, IN 47943 is listed as a Mixed Use Land Land property
    What is the population within 1 mile of 5310 East 900 North in Fair Oaks?
    The population within 1 mile of 5310 East 900 North Fair Oaks, IN 47943 is 61 people.
    Who do I contact for questions about 5310 East 900 North?
    You should contact the listing agent, Kyle Baskin, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 51
    South Bend Regional Airport (SBN) 64
    Chicago O'Hare International Airport (ORD) 67