RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 12.6%
- Listing ID: 243944
- Posted On: Aug 10, 2012
- Updated On: Sep 15, 2014
Description
Fantastic KOA franchise with growing revenue!
Award winning KOA campground is pristine! THE ONLY KOA CURRENTLY FOR SALE IN NEW ENGLAND!
Solid revenues with plenty of room for additional sites or cabins! Owner's apartment is above lodge. Mostly transient campers. Rave reviews!
Located close to Rt 95 on a major tourist route. Very close to lakes, waterfalls, rafting, mountains, and seashore! The only east-west route from Bar Harbor to the White Mountains! Many Canadian campers too! Near state capital and coastal villages. 30 miles from Augusta!
Great for the owner operator, or real potential for the investor!
Facilities: IMMACULATE! MUST SEE KOA CAMPGROUND! 100+ sites plus numerous cabins and rental unit. All 50amp sites! Gorgeous grounds, well kept sites and amenities, pool, lodge, gameroom, laundry, store, cafe, playgrounds, pavilion, lounge, ball field, and more! 83 acres with approximately 50 acres of walking/hiking trails on site!
Competition: Limited competition in this area
Growth & Expansion: Over 50 acres for potential growth! Land is mostly flat and dry. Could pursue local business through schools and chamber for day outings.
Financing: Seller will hold up to $50,000 in second position behind lender
Support & Training: Training available
Reason for Selling: retirement and health
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Year Built: | 1970 |
Size: | 83.0 acre(s) |
Financial Information (Actual)
Gross Income: | $214 |
Net Operating Income: | $88 |
Utility Information
Water: | Well |
Sewer: | Septic |