RV Park with
For Sale
$799,000
614 County Route 48, Altmar, NY 13302
The property combines a 32-space RV park with guest accommodations, a furnished residence, and a separate apartment.
Property Size4,368 SF
Price / SF$182.92
Days on Market494
Property Features for 614 County Route 48
General Information
Standard status
Active
Size
4,368 SF
Total Parking Spaces
25
Property subtype
Commercial
Zoning
COM-1/Res1, Commercial
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
RV Sites
32
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$16,117
Amenities
showers
bathrooms
laundry
recreation room
kitchen
ice machine
back up generator
TV
heat
A/C
cable
Propane Tank - Leased
Building Details
Building Size
4,368 SF
Year Built
2000
Buildings
5
Stories
2
Listed By:
Heidi Westcott
(315) 796-9034
Source:
Deeprootedrealty
Added: Jun 19, 2025
Changed: Oct 23
Last Checked: Oct 23 at 11:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Heidi Westcott
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Investment Insights
Based on property information with market context.
This property includes an operating RV park with 32 rented spaces and shared showers, restrooms, and laundry facilities. The lodge offers 15 guest rooms, each with a private bathroom, television, heating, air conditioning, and cable. A recreation room, kitchen, housekeeping laundry, and ice machine serve the lodge. The property also includes a furnished two-bedroom, two-bath residence with an attached two-stall garage, plus a furnished two-bedroom, two-bath apartment. A 30-by-56-foot pole barn and a backup generator sized to power the lodge are also on site. Linens and laundry equipment are included.
The offering spans two parcels at 614 and 620 County Route 48 in Altmar. The property is described as near I-81, Syracuse Airport, and regional salmon fishing. Zoning is listed as COM-1/Res1, Commercial. The lodge was built in 2000.
The offering spans two parcels at 614 and 620 County Route 48 in Altmar. The property is described as near I-81, Syracuse Airport, and regional salmon fishing. Zoning is listed as COM-1/Res1, Commercial. The lodge was built in 2000.
Key Highlights
- Operating RV park with 32 rented spaces
- Lodge has 15 rooms, each with a private bathroom, television, heat, air conditioning, and cable
- Furnished two‑bedroom, two‑bath residence with attached two‑stall garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,509
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,180
$670.2K
Cap Rate 7%
$478,700
$478.7K
Cap Rate 9%
$372,322
$372.3K
Market Conditions
NOI Build-Up for 4,368 SF
Gross rent
$64.5K $14.76/SF
− Vacancy
−$3.5K −$0.81/SF
EGI
$60.9K $13.95/SF
− OpEx
−$27.4K −$6.28/SF
NOI
$33.5K $7.67/SF
Area
Oswego County, NY
Vacancy
5.50%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$670,180
Cap Rate 7%
$478,700
Cap Rate 9%
$372,322
Alternative Uses
Best Use
Apartment 5plus
$478.7K
$418.9K – $558.5K
NOI $33,509 @ 7.0% cap · market cap 4.19%
Second Best
Hotel Hospitality
$400.1K
$350.1K – $466.8K
NOI $28,010 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$871.2K
$762.3K – $1.02M
NOI $60,987 @ 7.0% cap · market cap 7.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 13302, NY
1,594
Population
986
Households
1.6
Avg Household Size
42
Median Age
11%
College-Educated
84%
High-School Grad
45.3 sq mi
ZIP Area
35
Density / Sq Mi
$55,156
Median Household Income
$37,599
Median Earnings
$1,032
Median Rent
$123,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - The property combines a 32-space RV park with guest accommodations, a furnished residence, and a separate apartment.
Where is this mobile home & rv park located?
The property is located at 614 County Route 48 Altmar, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Operating RV park with 32 rented spaces; Lodge has 15 rooms, each with a private bathroom, television, heat, air conditioning, and cable; Furnished two‑bedroom, two‑bath residence with attached two‑stall garage
