Riverfront Campground in Spectacular Area
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Property Subtypes
Campground and RV Park
Number of Sites
130+ sites
Sale Price
$1,150,000
Unit Price
$8,846 Per Unit
Sale Terms
Cash to Seller
Last Updated
10/13/2015
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Property Overview
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Profitable campground with room for growth!
Beautiful riverfront location in a fantastic community! 130+ sites on 26.3 acres, all recently updated. Solid financial history with quality financial reports. Add cabins and rentals…room for growth!
Facilities:
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Grassy fields overlooking riverfront, new pavilion, office/store, pool, new bathhouse, playground, garage, storage buildings, new WiFi equipment, and new laundry building. Includes owner’s 2 bed, 2 bath 40ft camper. Abuts mountain trails!
Competition:
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Limited competition in area.
Growth/Expansion:
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Add cabins, tenting area and charge guest fees to increase revenue. Offer specials during shoulder season. Adjacent land available for sale for $250,000, including cabin and 262 acres of land for potential expansion.
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Financials
Financial Data Year
2014
Gross Revenue
$302,936
Net Revenue (cash flow)
$163,000
Real Estate Taxes – Annual ($):
$10,948 (Annual)
Actual or Proforma Year:
Actual
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Additional Details
County
Mid Vermont
Acres
26±
SWE sites
118
WE sites
14
Tent sites
—
Cabins/Rentals
—
Electricity
50 amps
Property Visibility
Close to highway and in beautiful town
Total Number of Buildings
3
Road Type
Gravel
Owners Unit
2 bedroom travel trailer
Water Recreation
River; pool