RV Park/Campground Details
- Purchase Method: Cash, New Loan
- Cap Rate: 11.4%
- Listing ID: 557034
- Posted On: Sep 4, 2015
- Updated On: Aug 24, 2016
Description
Southern Maine Lake Sebago Area!!
This profitable and busy campground is a fantastic turnkey operation for an owner operator, with potential for growth! Under 100 sites, including cabins and parkmodels. Consistent financial history year over year. Quality financial statements.
This place is a gem!
Real Estate: Included in asking price
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: 12 Acres near one of Maine's busiest lakes! Meticulous grounds! Beautiful facilities include a pool, hot tubs, Lodge, 3 cabins, park model, trailer rentals, playground with pirate ship, and stocked fishing pond. Very nice 1 bed/1 bath owner apartment. Possible expansion with adjacent land!
Competition: Some area competition in very busy area
Growth & Expansion: Potential expansion with adjacent land; more growth in shoulder seasons.
Support & Training: 2 weeks
Reason for Selling: retirement
Amenities
- Laundromat
- Pool
- Club House
- Storage
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 75 |
Year Built: | 1990 |
Size: | 12.0 acre(s) |
Financial Information (Actual)
Gross Income: | $250,000 |
Net Operating Income: | $150,000 |