Contact Information

RV Park/Campground Details

  • Price: $1,800,000
  • Purchase Method: New Loan
  • Cap Rate: 22.0%
  • Property ID: 1230821
  • Posted On: Mar 17, 2020
  • Updated On: Mar 20, 2020

Property Description

$625,004.00gross for 2019 / $432,985.00 NOI
April through October.
Allegheny Mountain
This business opportunity is surrounded by state land, High on a hill, 5 minutes from downtown, college town and Close to shopping.
Exit 182 / 2.9 miles
- 100+/- acres with 60 acres undeveloped land.
- Pool.
- Fishing pond.
- Playgrounds. playhouses for the children.
- Game room.
- Volleyball, basketball, or mini-golf!
- Pavilion.
- Pancake shack.
- General store.
- Laundry room.
- 37 Cabins.
- 2 Rental campers. bungalows to the rustic huts, cottages, and houses
for larger families.
- 217 Total sites, 107+/- seasonal sites.
- Well, water and sewage plants.
- Owner or Manager’s Homes:
- Home built in 2008
- Additional Housing- 34 x 12, 408 SF -- -
- Park model.

thecampgroundmarketplace.com
jayne@rinaonline.us
Also, call Harold
@ 616-443-8233

At this CAP get ready to act.

Location

Allegheny National Forest
in your back yard

Amenities

  • Laundromat
  • Pool
  • Club House
  • Storage
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
Interested in purchasing this RV park? Get pre-qualified for a loan.

Park Information

Number of RV Lots: 217
Size: 100.0 acre(s)

Financial Information

Gross Income $625,003
Operating Expense $393,752
Net Operating Income $231,251
Expense Ratio 63.0 %
Debt Info

Utility Information

Water: Well
Sewer: Treatment Plant

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