HAN Capital, known most as an owner of self-storage facilities in seven states, and in 2021 it decided to branch out and open a new division focused on RV Campgrounds and Manufactured Housing Communities in 2021.
Now, the company has acquired its second campground site: a 44-acre property nestled within the Rocky Mountains right beside the Colorado River. The location boasts a combination of cabins, cottages, RV and tent spots, with a restaurant onsite and an event space, the real estate investment firm said.
This is HAN’s second investment in Colorado. Its first was the Glenwood Canyon Resort.
“There were many favorable tailwinds already in place that were positively impacting the RV class, including the wave of retiring baby boomers (10,000 retire a day) as well as the unexpected enthusiasm from millennials for RV’ing and their desire to generally spend time in nature and create memorable experiences,” said HAN Capital’s VP of acquisition, Brendan Hula, talking about her company’s move into the RV and manufactured housing space. “Covid further amplified many of these trends and accelerated additional ones, such as the ability to work remotely. We expect these to be lasting trends that will continue to favorably impact RV campgrounds and resorts.”
