Property summary
This exceptional 81.68-acre riverfront property in Cambridge, NY (zip code 12816) presents a unique investment opportunity. The 35-unit luxury glamping resort, built in 2023 and renovated in 2024, boasts a 22.20% pro-forma cap rate and a $509,475 pro-forma NOI. The property includes various accommodation types: deluxe tent cabins with private bathrooms and river views, glamping pods offering panoramic views, and off-grid travel trailers with full amenities. Guests enjoy on-site amenities such as a dining bistro, an outdoor store, a pavilion with pizza ovens, and access to various recreational activities including fishing, kayaking, and hiking. The resort's prime location, nestled between the Green Mountain National Forest and the Adirondack Mountain State Park, offers easy access to major cities like New York City, Boston, and Montreal. The property is zoned commercial and presents significant expansion potential. This turnkey operation is ready for the 2024 season, offering incredible profit margins in the luxury glamping market. The sale includes three buildings, all single-story structures. This is a rare opportunity to acquire a thriving, high-return hospitality business in a stunning natural setting.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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