Contact Information

RV Park/Campground Details

  • Price: $450,000
  • Purchase Method: Cash, New Loan
  • Cap Rate: 13.3%
  • Property ID: 1277070
  • Posted On: Jun 24, 2020
  • Updated On: Jun 24, 2020

Property Description

2019 Best of Lk Luzerne Award, a unique offering of 36 campsites with 17 rented seasonally, 2 used by management and the remainder rented for short
terms. Water, electric and septic available on each campsite. Bathhouse and laundry located in the center. Projected NOI of $59,893. Undeveloped portion offers the opportunity to add additional sites.for camping or glamping, and expand the existing hiking trails. Also on the parcel are 3 year-round homes to rent or owner-occupy. Super location across from the rodeo and 6 mi either way to Lake George or Lake Luzerne

Location

Upstate New York in Lake George area.

Amenities

  • Laundromat
  • Bathhouse
  • Wifi
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Park Information

Number of RV Lots: 36
Year Built: 0
Average RV Lot Rent: $2,000
Size: 8.8 acre(s)

Financial Information (Actual)

Gross Income $77,527
Operating Expense $17,634
Net Operating Income $59,893
Expense Ratio 22.7 %
Debt Info None

Utility Information

Water: Well
Sewer: Septic

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