0 Undisclosed Undisclosed, NY Private
This exceptional 214-acre property in Herkimer County, New York, presents a unique investment opportunity combining a thriving recreational vehicle park and a fully operational restaurant. The campground boasts 61 full hook-up (FHU) sites, 28 sites with electric and water hookups, and four cabins, providing diverse accommodation options. The existing infrastructure allows for significant expansion, with capacity for an additional 50 campsites and over 60 acres available for future development. On-site amenities include a manager's residence, recreation hall, store, fully equipped restaurant and kitchen, laundry facilities, game room, and two bathhouses. Two wells and three leach fields support the property's water and waste management. High-speed Wi-Fi is available throughout the park. The campground operates seasonally, typically from May to October. The property is currently vacant and offered at $2,900,000. This turnkey operation offers substantial potential for increased revenue and expansion within a desirable recreational area. The property is classified as Class B, mixed-use, multifamily land, and includes 90 units. The asking price reflects the significant value of the land, existing infrastructure, and operational business. This is a rare opportunity to acquire a well-established and expandable recreational property in upstate New York.
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.