208 State St 2616 Lakeshore Drive, Gladwin, MI 48624

Off Market  

RV Park/Campground Details

  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Listing ID: 3473707
  • Posted On: Aug 2, 2023
  • Updated On: Aug 2, 2023

Description

100% turnkey with potential owner financing with 35% down and no payments until May 2024. Opened July 1, 2023. Renovated in 2018 and 2023. Lakeview Campground and RV Park is situated on 14.62 acres with a combination of large open spaces, heavily wooded areas, and Secord Lake across the street. A mix of Electric/Water, Electric Only and Rustic RV sites. Five buildings: General Store/Office, Multi Purpose building, large Pole Barn, Mobile Home and spacious Bath House. Projected under market rates, 100% capacity, the Campground/RV Park would generate approximately NET $319,101 (Season: 7 months) including projected income generated by the General Store ($7643.99) pending a Liquor License Transfer in progress. DISCLOSURE: Owner is a Michigan Licensed Real Estate Broker. Brokers welcome. COOP available.

Location

100% turnkey with potential owner financing with 35% down and no payments until May 2024. 15 Acres of expansive space and forest. Located across the street from the beautiful Secord Lake in Secord Township. This is a turn key investment you cant miss.

Amenities

  • Storage
  • Manager Office
  • Bathhouse
  • Store
  • Wifi
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Park Information

Number of RV Lots: 52
Year Built: 1960
Average RV Lot Rent: $30
Size: 15.0 acre(s)

Financial Information

Debt Info: 100% turnkey with potential owner financing with 35% down and no payments until May 2024.

Utility Information

Water: Well
Sewer: Septic