RV park development
Sage Outdoor Advisory
Sage Outdoor Advisory produces feasibility studies, market studies, and appraisals for outdoor hospitality: glamping resorts, RV parks and resorts, campgrounds, marinas, hotels, and RV and boat storage. It says it has completed more than 350 campground, glamping, and RV resort appraisals and feasibility studies in the United States.
The three products differ in scope. A market study analyzes supply and demand in a market and is typically the first step. A feasibility study includes that market work but is site specific, adding revenue and expense projections, construction cost projections, and metrics on equity returns and debt coverage. An appraisal covers similar ground but produces a market value instead, stated as is, as permitted but not yet built, as complete, or as stabilized.
A feasibility report includes an industry overview of economic, tourism, and outdoor recreation conditions, an area analysis of location, demographics, recreation, accessibility, and area development, a competitive market analysis, rate and occupancy projections drawn from the firm's proprietary outdoor hospitality database, an operating expense projection compared against industry averages, a ten-year income and expense pro forma, and site analysis of zoning, wetlands, physical restrictions, utilities, and transportation. Typical turnaround is four to eight weeks depending on workload.
Sage acts as an independent third party for investors and banks or for internal decision making, and refers clients to other specialists for the development and management work it does not do. It appraises throughout the United States, runs feasibility studies across North America, and conducts market studies worldwide from a Chicago base with staff located around the country. It was named one of the American Glamping Association's Top 50 Glamping Vendors for 2024, and fees are quoted after a call about the project.
Best for
Developers, lenders, and buyers who need a third-party feasibility study, market study, or appraisal on an RV resort, campground, glamping, or marina project before financing or closing. Sage does the analysis only and refers out development and management work.
What they do
- Feasibility studies for outdoor hospitality projects
- Appraisals of RV resorts, campgrounds, and glamping resorts
- Market studies of supply and demand
- Marina, hotel, and RV or boat storage valuation
- Ten-year income and expense pro forma modeling
- Site analysis covering zoning, wetlands, utilities, and transportation
- Strategic and financial consulting for owners
Details
| Attribute | Value |
|---|---|
| Memberships | American Glamping Association Top 50 Glamping Vendors (2024) |
| How they charge | Fees are quoted per project after a scheduling call; no rates are published on the site. |
What stands out
- Says it has completed more than 350 campground, glamping resort, and RV resort appraisals and feasibility studies in the United States.
- Named one of the American Glamping Association's Top 50 Glamping Vendors for 2024.
- Typical turnaround for a feasibility study or appraisal is four to eight weeks.
- Appraises throughout the United States, runs feasibility studies across North America, and conducts market studies worldwide.
- Rate and occupancy projections draw on the firm's own proprietary outdoor hospitality database.
Common questions
- What services does Sage Outdoor Advisory provide?
- Market studies, feasibility studies, and appraisals are the core services, alongside strategic and financial consulting for owners launching or expanding an outdoor hospitality business.
- What is the difference between a market study, a feasibility study, and an appraisal?
- A market study analyzes supply and demand trends in a particular market and is typically the first step in judging whether a project is viable there. A feasibility study includes that market work but is site specific, adding revenue and expense projections, construction cost projections, and key metrics on equity returns and debt coverage. An appraisal is similar to a feasibility study but determines market value instead, which can be stated as is, as permitted but not yet built, as complete, or as stabilized.
- How long does a feasibility study or appraisal take?
- Typical turnaround is between four and eight weeks, depending on how many projects are underway. Sage asks prospective clients to contact it for a more specific estimate.
- Where is Sage located and what geography does it cover?
- Sage is headquartered in Chicago with key staff located throughout the country. It provides appraisals throughout the United States, feasibility studies across North America, and market studies worldwide.
- What types of property does Sage work with?
- Core expertise is glamping resorts, RV parks and resorts, and campgrounds, as well as marinas, hotels, and RV and boat storage.
- How are fees quoted?
- Sage does not publish rates. Prospective clients schedule a call to discuss the project and receive a fee quote for it.