3477 Bryant Hill Rd - Specialty FOR SALE


Franklinville, NY 14737
$7,900,000 USD
770-933-8585
3477 Bryant Hill Rd, Franklinville, NY for Sale
$7,900,000 USD
Specialty - FOR SALE
1/4
null | Request Cap Rate

3477 Bryant Hill Rd
Franklinville, NY 14737


HIGHLIGHTS

  • Significant value add potential such as current rents are below market and could be increased over 3-5 years to be in line with competition.
  • Seasonal sites could be converted to cabin or transient sites.
  • Optional additional ±40-acres for purchase for expansion capability.
  • The resort has recently upgraded the water and septic systems.
  • The current owner lives in an on-site 4-bedroom, 3-bathroom apartment that could be leased for additional revenue
  • The resort boasts spectacular amenities including WIFI & Cable, Front Gate, Camp Store, Rec Hall, Fishing Pond, Outdoor Pool w/ New Equipment & more!

OVERVIEW

Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, is pleased to present the opportunity to acquire Upstate New York RV Resort, a 214-site seasonal RV resort and campground offering scenic views among rolling hills. This highly-rated resort generates strong, growing cash flow and has further value-add potential. The property is strengthened by its strategic proximity to major cities as well as natural attractions, such as Ellicottville Village, Niagara Falls and Lake Erie, drawing millions of visitors every year. New York offers RV enthusiasts and campers a rare experience that takes you away from the city and into the great outdoors. It's an outdoor mecca perfect for year-round camping and the New York summer tourism industry is a vibrant and integral part of the state's economy, making Upstate New York Resort a perfect investment opportunity. The asking price for the resort is $7,900,000 ($36,916/site)This represents a 10.0% cap rate on 2025 pro forma. The property is strengthened by its strategic proximity to major urban centers such as Buffalo, Toronto, Cleveland, Pittsburgh, New York City with a population of over 3.5 million within a 100-mile radius. Additionally, many natural attractions are within driving distance, such as breathtaking Niagara Falls and beautiful Lake Erie, both situated just 1.5 hours away.

FOR SALE DETAILS

PRICE

$7,900,000 USD

PRICE/SF

$7,900 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Upstate New York RV Resort

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Parking Lot, Self Storage, Marina

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

69.54 AC

LAND SF

3,029,162 SF

ZONING

-

APN/PARCEL ID

044089-039-004-0002-019-002-0000

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.