RV Park/Campground Details
- Purchase Method: Cash, Seller Financing, New Loan
- Cap Rate: 21.0%
- Listing ID: 829921
- Posted On: Jul 6, 2017
- Updated On: Aug 7, 2017
Description
JUST REDUCED!!! Owner is very motivated! Amazing opportunity to own a business or an excellent investment; a well-established campground / trailer park that is a true money-maker. The numbers work with a high cap rate of 21% and great cash flow. The property consist of 8 acres, 2 houses containing 7 apartments and a rentable beauty salon/retail location, an office/general store, 5 property owned full-time rental mobile homes, 30 camper sites, 5 cabins, 50 tent sites, pool, playground, laundry, hot showers, equipment rentals, 1 car and two car garages, cable and wi-fi, closed circuit video monitor system and more. Lots of room for expansion with two additional 3 acre parcels being offered separately, one with a house, and the other with a mobile home. It could be expanded into a large mobile home park, or almost any type of mixed use property. Campground ownership is the new hot investment! Install beautiful tiny houses and rent out to high-end Glampers (campers) and permanent seasonal clientele.
Another source of income is the popular and profitable music festivals that are held annually on the site of the campgrounds! Also, a Campground General Store so you don't have to run into town to find camping necessities, snacks, toys, food, ice, wood, camping supplies, tent/sleeping bag rentals and much more. Gifts, too! On-site coin-operated laundry facilities are available to all campers, along with Picnic Tables, Fire Rings, Clean Full-Service Bathrooms, and Hot Showers. Your "little campers" will have hours of fun climbing and crawling on the fort, riding the slide, playing on the teeter-totters & swings!
Location
Located in Saugerties, NY. Take Exit 20 off NY State Thruway. Close to historic Kingston, Woodstock, Hunter and Windam Ski Resorts, all located in the magnificent Catskill Mountains. Enjoy fishing, skiing, hiking, golfing, biking, horseback riding, tubing, farmer’s markets, flea markets, famous fairs, great dining, and shopping. Nearby is the famous HITS (Horseshows in the Sun), boating on the beautiful Hudson River, festivals and endless entertainment possibilities. It is a year-round fun paradise!
Amenities
- Laundromat
- Pool
- Manager Office
- Bathhouse
- Store
- Wifi
Park Information
Number of RV Lots: | 30 |
Year Built: | 1999 |
Size: | 8.0 acre(s) |
Utility Information
Water: | Well |
Sewer: | Septic |