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RV Park/Campground Details

  • Price: $2,200,000
  • Property ID: 1836380
  • Posted On: Sep 9, 2022
  • Updated On: Sep 9, 2022

Property Description

This value-add campground features three ponds on over 27 acres in the heart of the "business-friendly". This property features multiple revenue streams that have enabled the park to grow into a very profitable enterprise. It also features nearly 5 acres that would be ideal for expansion, and that additional acreage could be developed rather inexpensively.

This gorgeous property includes 27.88 acres of lush grass, mature trees, three serene fishing ponds and abundant wildlife (including a resident bald eagle).​ This is a perfect opportunity for an owner-operator as well as a solid investment for those in the industry who have a management staff or team already in place.​ This park is located on the outskirts of Lafayette, IN (Home of Purdue University and its 51,000 students).​ The park has over 170,000 residents within a 15-mile radius of its location (not including students).​ The park is also within an hour's drive of Indianapolis.​ Lafayette, IN is served by Interstate 65, as well as FIVE state highways which making it extremely convenient.​

This park also has a beautiful 3 bed/2 bath brick ranch home that sits at the entrance to the park.​ The office/general store area is connected to the house so you aren't committed to being in that area unnecessarily when guests are not present.​ The home features hardwood floors and exterior brick that were salvaged from an early 1900's elementary school that was located nearby.​ It has a large living room with windows overlooking the pond.​ It also has a huge deck as well as a fishing/swimming dock to the northside of the residence.​ It has an attached two-car garage which also houses the park's own ice machine they use to make additional profit.​ The home also features a security system.​

This park has three ponds that are fed by a creek and features three separate dams.​ The ponds are at three different elevations so that is how the water levels are managed.​ The area drains well and even handled an 11-inch storm a few years back that hit after the ground was already saturated with surface water.​ The 12-acres of ponds are flush with bass, bluegill & catfish, and are stocked with 1,100 new fish every quarter.​ The fishing is presently limited to catch and release.​ Perhaps the most important aspect of fishing is the REVENUE! The fishing brings in a great deal of income to the park and is the main reason that the owner purchased this property 25 years ago—​for another revenue stream.​ The park brought in over $41,000 for fishing fees and bait sales in 2020.​

The seller has done an excellent job of capturing income off of the current operation.​ As an engineer by trade, he has also laid out the infrastructure in this park with the utmost precision and a solid game plan for improving the operation.​ The park has 4.92 acres northeast of the western pond that would be ideal for expansion.​ There is already 400 Amp 240-volt electrical service to this portion. In addition, there is already a lift station to the septic system as well.​ The seller believes that for around $150,000 in infrastructure that the new owner could add 25 pads and increase the park income by approximately $120,000 annually.​ The park has been operated by a husband & wife team using no employees and very little outside help with an 8-month primary season, leaving quality time for the sellers to travel south during their off-season.​

For additional information please visit our site. Link is below
https://thecampgroundmarketplace.com/listings/4761

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