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Description:
Pennsylvania: Sales Price: $2,400,000:
5-Star Location with high income families
nearby and high land values push this sales
price. I have done consulting for and have
been to many of the other parks in the area.
Camping rates in this area are sky high because
of the high income area. Plus, the park is
being operated by a semi-absentee owner. He and
his wife drive to the park in the morning and
leave in the evening to go home. He has not
tried to increase business because they thought
the park had been sold to a land developer who
was going to replace the campground with homes.
He even evicted all the seasonal campers 2 years
ago because of the pending sale. The deal fell
through in the winter so the owner opened back
up the next April and started over again. It is
highly likely that a developer could buy this
property and build houses but it would be a
shame because this park is in a 5-star location
and has tremendous upside in our opinion.
Approx. 180 sites on 59 acres means LOTS of room
for expansion. Sewer plant and new 5-year
permit sets the stage for more sewer sites and
growth. 2 club buildings, swimming pool, and
all the basic amenities are here producing
gross income of +/- $520,000. Perfect set
up for a future buyer. Great location for
either a KOA or Yogi Bear conversion.) Contact
broker, Darrell Hess & Associates, 828-452-1535
or email
hess@campgroundsforsale.com
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