RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.0%
- Listing ID: 1176063
- Posted On: Jan 3, 2020
- Updated On: Nov 12, 2020
Description
Do not let this one slip through your fingers! This park has it all - it's a destination property with many features.
The resort features 7 cabins, 81 seasonal campsites that rent by the year, 4 overnight campsites, with lots of room for growth, and a 5,148 square foot Northwoods décor restaurant and bar that seats 100 and is open all year round, and an expansive, heated, outdoor swimming pool, pavilion, and playground area. It has 1,150 feet of lakeshore on lake that connects to another body of water for a combined 759 acres of water to enjoy. The ATV and Snowmobile trails enter directly into the property and connect to numerous other trail systems to offer hundreds of miles of trails to explore.
Looking for an adventure? We have the perfect location! Choose 1 of our 7 cabins as your base and let the fun begin. From here you can jump on the scenic trails for an ATV or Snowmobile ride over the vast trail systems. In minutes you could find yourself paddling down a National Scenic Riverway or working your way through 18 holes of golf. If your style of adventure looks more like angling for some Large Mouth Bass or simply tooling around the lake on a pontoon we have that too. Or maybe you prefer to take a chance at a couple hands of blackjack or a couple spins on the slot machines. Perhaps you need a break from the rat race? There’s nothing better than sipping your fist cup of coffee on the deck of your cabin while the loons serenade you. Finally, enjoy an evening campfire toasting s-mores with your family and friends. Regardless of your favorite type of vacation you will always stay connected with our updated fiber optic WiFi.
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 81 |
Year Built: | 1970 |
Average RV Lot Rent: | $3,200 |
Size: | 63.4 acre(s) |
Financial Information (Actual)
Gross Income: | $722,180 |
Operating Expense: | $441,080 |
Net Operating Income: | $281,100 |
Expense Ratio: | 61.1 % |
Utility Information
Water: | Well |
Sewer: | Septic |