21 Flat Rock Bridge Rd - Specialty FOR SALE


Lebanon, ME 04027
$14,950,000 USD
770-933-8585
21 Flat Rock Bridge Rd, Lebanon, ME for Sale
$14,950,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

21 Flat Rock Bridge Rd
Lebanon, ME 04027


HIGHLIGHTS

  • Expansion/upgrade plan ready for a new buyer: 55 new sites, 15 new cabins, 15 tent site to RV site conversions and upgrading all sites to 50 amp FHU
  • Converting additional sites to cabins, park models, or luxury sites which have higher rates would drive additional revenue.
  • Opportunity to grow other and ancillary revenue including premium Wi-Fi, additional golf carts, bike/kayak rentals, & expanded retail and food service
  • Rebranding the property could reduce expenses and drive additional value.
  • Institutionally owned and operated with strong in-place management.
  • Located between major route U.S. 125 and U.S. 202 on the NH & ME border, the resort features 1-mile of frontage along the 37.5 mile Salmon Falls River

OVERVIEW

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, offers the opportunity to acquire Lebanon KOA Holiday, a 273-site resort nestled along 1-mile of the peaceful Salmon Falls River between Maine’s beaches and the Lakes region of New Hampshire. Only a 90-minute drive from Boston, this riverfront campground provides an exciting and relaxing environment for visitors and offers investors an opportunity for significant revenue upside and a high return on capital. The investment offers the opportunity to purchase a soon-to-be, five-star resort below replacement cost after completion of renovations within easy access to Boston.

FOR SALE DETAILS

PRICE

$14,950,000 USD

PRICE/SF

$1 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lebanon KOA Holiday on Salmon Falls River

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Parking Lot, Self Storage, Marina

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

299 AC

LAND SF

13,024,440 SF

ZONING

RA

APN/PARCEL ID

LBNN-000005R-000000-000022

ASK ABOUT THIS PROPERTY

Mike NissleyColliers Manufactured Housing & RV GroupMore Info
770-933-8585

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Mike NissleyColliers Manufactured Housing & RV GroupMore Info
770-933-8585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.