Campground
Pine Forest Campground & Cabins, Prescott
Prescott, AZ
- Asking price
- $2,350,000
- Sites
- 64
- Cap rate
- 6–8%
- 1031 Exchange
View Details
For SaleSeller Financing Available
1 / 3Family Campground on 40 Acres, Traverse City
Traverse City, Michigan
$3,150,000
- Total sites
- 95
- Cap rate
- 7.8%
- Occupancy
- 68%
- Seller Financing Available
- Owner Direct
Key Details
- Asking price
- $3,150,000
- Property type
- Campground
- Total sites
- 95
- Cap rate
- 7.8%
- Occupancy
- 68%
- NOI
- $245,000
- Price per site
- $33,158
- Utilities
- Well & septic
- State
- MI
Overview
Seasonal campground with 95 sites, 12 cabins, and room to expand on 40 wooded acres.
Investment highlights
- 95 sites (60 full hookup) plus 12 rental cabins
- Bath houses rebuilt in 2023
- Strong repeat clientele and an established booking calendar
- Room to expand on 40 wooded acres
- Owner's residence included
Features
- Expansion land
- Value-add
The full property description, rent detail, and operating history are shared with buyers after a request.
Financial summary
- Asking price
- $3,150,000
- Cap rate
- 7.8%
- NOI
- $245,000
- Occupancy
- 68%
- Price per site
- $33,158
- Park-owned homes
- On request
Financing options
Seller Financing Available
- Down payment
- 25%
- Interest rate
- 6.75%
- Amortization
- 20 years
- Term
- 7 years
Published terms are the seller's indication and subject to buyer qualification and a signed agreement.
Location
Approximate area in Traverse City, Michigan. The exact address is shared after a request.
Documents & due diligence
- Offering memorandumFull property package
- Rent rollLot-by-lot rents and occupancy
- Operating statementsT-12 income and expenses
- Exact address & site planShared with qualified buyers
Documents are released after a short request. The seller may ask buyers to sign an NDA before sharing the offering memorandum and rent roll.
Request documentsSimilar opportunities
View all$3,150,000
95 sites · Traverse City, MI