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$1,700,000
427408





DESTINATION CAMPGROUND WITH WATERFRONT SITES ON A 20 ACRE LAKE

55 acre park with a 20-acre swimming and fishing pond. Most of the 118 full hookup sites are situated right on the waterfront. The nearby town offers shopping, restaurants, and annual music festivals. The park is owner-operated and is easily managed by 2 people. The owners maintain a waiting list of over 60 people. Seasonal rates are lower than competitors in the area, so there is room for an increase in income for a new owner. The park is on track to gross 17k over 2020. The 110 seasonal sites are 100% leased for 2022. 2 area competitors average $3,400/site while this campground site average is $2,080 for 2022. The cap rate for 2020 was 11.47%.


Highlights:



Amenities

Approx. 20-acre swimming and fishing pond, sports field, playground equipment, basketball court, horseshoes, and volleyball. Pull-thru sites average 35' x 120' and in addition there is parking directly across the road from sites.

Office

Approx. 528 sq. ft., private office and bathroom.

Shelter house

Approx. 1,200 sq. ft. Has a kitchen and bathroom. Maintenance buildings Approx. 864 sq. ft. building with 3 garage stalls.

Bathhouse

Shower house with 2 individual showers/toilets.

Acres:55
Sites:118
Full hookup sites
118 (92 are 50 amp)
Water feature 20 acre lake
Wi-Fi Yes
Sewer Septic/drainfield
Water
Well

Open April to October



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PARKS AND PLACES INC :: Phone 616.301.0765 - Email sales@parksandplaces.com - FAX 616.431.4140
Florida Office :: 2937 Brandemere Dr, Tallahassee, FL 32312
Michigan Office :: 1734 Timberlane Ln NE, Grand Rapids, MI 49505

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