RV Park/Campground Details

  • Purchase Method: Cash, New Loan
  • Cap Rate: 8.7%
  • Listing ID: 121597
  • Posted On: Feb 27, 2012
  • Updated On: Feb 14, 2013

Description

BAR HARBOR AREA CAMPGROUND AND RV PARK
Asking Price: $2,995,000
Gross: $458,400
Cash Flow: $255,000
225+ sites, 100+ of those sites are seasonal
130 acre parcel
Major tourist area

This is a fantastic opportunity to obtain a pristine park in a major northeast tourist area! This facility has an excellent reputation and is highly recommended by big-rigs because of its easy access when entering the park and its large pull-through sites. Over 70 sites are 100 feet long! Consistent financial history with quality financial statements. Low taxes. Beautiful grounds with great potential for growth!

2012 improvements include a new pavilion building, new pool furniture and additional WiFi service throughout park!

Facilities: This family facility is on a beautiful 130 acre parcel off a main road close to the Bar Harbor area. All updated facilities include a recreation room, pool, horseshoe pit, shuffle board, play ground, laundry room, propane filling station, bathhouse, pavilion and Wi-Fi. It consists of 225+ sites, 50 amp service in over 200 of those sites, daily, weekly, monthly and seasonal sites with full hookups.

Competition: This area has a lot of competition because it is one of the most popular destinations in the northeast. This park charges very low rates.

Growth/Expansion: Approximately 90 acres that could be expanded upon. Increase rates to area market prices.

Reason for Selling: Retirement

Contact:
Mia Caetano Johnson
Northeast Campground Brokers
Principal Broker
401-499-8360 cell
401-244-7480 fax
mcaetanojohnson@verizon.net

Amenities

  • Wifi
  • Club House
  • Manager Office
  • Store
  • Laundromat
  • Bathhouse
  • Storage
  • Pool
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 225
Year Built: 1985
Size: 130.0 acre(s)

Financial Information (Actual)

Gross Income: $474
Net Operating Income: $260

Utility Information

Water: Well
Sewer: Septic

Other Listings by Mia Caetano Johnson

Similar RV Parks for Sale