RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 13.9%
- Listing ID: 547157
- Posted On: Jul 11, 2015
- Updated On: Jun 22, 2016
Description
Business Description
Strong Financials and Beautiful Beach!
Very Popular Tourist Area!!
This 150+ site park includes 7 cabin rentals, approximately 100 seasonal campers. Large 4 bedroom/3 bath owner's residence makes this perfect for an owner/operator with a family!
Recently appraised at well over asking price!!
Detailed Information
Inventory: Not included in asking price
Real Estate: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Large campground on 50 acres with over 150 sites! Park includes 7 cabins, a 4 bedroom, 3 bath owners home, lodge with potential for additional living quarters or rental unit, 3 bathhouses, outdoor pavilion, and a large barn/garage!
Lake frontage with a 200ft sandy beach! Park is located just off one of the major routes in New Hampshire--easy to get to! Land for potential expansion!
Competition: Competition in the area since this is a very popular destination!
Growth & Expansion: This is in one of the most popular tourist areas in New England! Add more rentals/cabins!! Undeveloped land for potential expansion!
Support & Training: 2 weeks
Reason for Selling: retirement
Amenities
- Laundromat
- Club House
- Storage
- Boat Access
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 150 |
Year Built: | 1964 |
Size: | 50.0 acre(s) |
Financial Information (Actual)
Gross Income: | $346,000 |
Net Operating Income: | $178,000 |
Utility Information
Water: | Well |
Sewer: | Septic |