PRICE REDUCTION of this Money making business opportunity WITH HIGH CAP RATE! The Indian Ridge Campground, established in 1969, sits on 42+ acres and is located in the Catskill Mountains and close to major highways. This very profitable business has a waiting list to get in! Includes 2 year-round rental homes, 70+ camper sites, numerous tent sites, 2 cabins, and a kayaking / canoeing lake inside the heavily wooded property with private entry roads. All sites have electric, water, cable, and are wi-fi available. Meticulously maintained with upgraded metered 3 phase electric, newer plumbing systems, $100,000 swimming pool, newer restrooms and showers. Sources of income include a general store, honey wagon, coin-operated laundry, arcade, recreation room, playground, shuffleboard, horseshoes, picnic pavilion, support and service vehicles — way too much to mention! Property includes dump station with a 3,000 gallon leech field, a 3,000 gallon water holding tank and 3 pounded wells. The 3 BR/2 BA main house, the 2 BR/1 BA A-frame and bathrooms all have their own septic tanks. Owner is willing to stay on if needed, to teach the new owners how to run and operate the business. Camper site rents are under market, with lots of room to expand. OWNER MOTIVATED!! Surveys, cap rate and maps are available in documents.
|Price Reduced||$729,000||$100,000 (12.06%)|
|Price Reduced (from $869,000)||$829,000||$40,000 (4.60%)|
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