- Price: $829,000
- Acreage: 42.74
- Year Built: 1969
- School District: CAT
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Property Type: Other
Description: Money making business opportunity! 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! There are 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 wi-fi available. The campground has been meticulously maintained with upgraded metered 3 phase electric, newer plumbing systems, $100, 000 swimming pool, newer restrooms and showers. Includes 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! Also included is a dump station with a 3, 000 gallon leech field and no SPDES permit is required. The 3 BR/2 BA main house, the 2 BR/1 BA A-frame and bathrooms all have their own septic tanks. The park has a 3, 000 gallon water holding tank and 3 pounded wells. 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. Surveys, cap rate and maps are available in documents.
Financials will be provided upon request. Cap rate is in Documents.
FEATURES:
SURVEY: Yes
ZONE: 02
LOT DIMENSIONS: 42.74 Acres
CONDITION: Excellent, Very Good
ELECTRICITY: Mixed, Underground
LOT FEATURES: Cliffs, Landscaped, Rock Outcrop, Slope-Gently, Wooded, Other/See Remarks
LOT/SITE: Rural
ROAD FRONTAGE: Country Road, Private