Streamside Parks Expands Presence with Strategic $97 Million RV Resort Acquisition
Streamside Parks Enhances Portfolio with Major Acquisition
Nashville-based Streamside Parks has made waves in the outdoor hospitality industry with its recent acquisition of a portfolio of seven premium RV resorts across five states, totaling a staggering $97 million. This strategic move not only expands Streamside's footprint but also increases its operational capacity by adding 1,562 RV sites to its growing national platform.
Significant Expansion
The newly acquired RV resorts are strategically located in key markets:
- Arizona: Verde River RV Resort & Cottages, Camp Verde, AZ
- California: Indian Waters RV Resort, Indio, CA
- North Carolina:
- Fayetteville RV Resort and Cottages, Wade, NC
- Raleigh Oaks RV Resort and Cottages, Four Oaks, NC
- Pennsylvania: Twin Grove RV Resort & Cottages, Pine Grove, PA
- Virginia:
- Americamps RV Resort & Cottages, Ashland, VA
- VA North Landing Beach RV Resort & Cottages, Virginia Beach, VA
By entering these high-demand markets, Streamside Parks is gearing up to capitalize on the increased interest in outdoor vacations and RV travels, a trend that has only escalated due to the pandemic.
Leadership Insight
John Cascarano, CEO of Streamside Parks, expressed enthusiasm about the acquisition, describing it as a