935 Ny-313, Cambridge, NY 12816
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.