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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

0 Undisclosed Undisclosed, NY Private

214 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mobile home & RV parks
Lot 214 ac (9,321,840 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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