Colliers Manufactured Housing & RV Group, as exclusive agent for the Owner, offers the opportunity to acquire Lebanon KOA Holiday, a 288-site resort nestled along the peaceful Salmon Falls River located 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 in the suburbs of Boston.
The asking price for the resort is $12,500,000 ($43,403/total site). This represents a 10.2% stabilized unlevered yield on cost (including renovations).