21 Flat Rock Bridge Rd - Lebanon KOA Holiday on Salmon Falls River
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21 Flat Rock Bridge Rd - Lebanon KOA Holiday on Salmon Falls River
12,000,000 SF Speciality Building Offered at £11,710,335 in Lebanon, ME 04027
Investment 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
- Opportunity to grow other and ancillary revenue including premium Wi-Fi, additional golf carts, bike/kayak rentals, & expanded retail and food service
- Institutionally owned and operated with strong in-place management.
- Converting additional sites to cabins, park models, or luxury sites which have higher rates would drive additional revenue.
- Rebranding the property could reduce expenses and drive additional value.
- 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
Executive Summary
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.
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.
Data Room Click Here to Access
Property Facts
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PROPERTY TAXES
| Parcel Number | LBNN-000005R-000000-000022 | Improvements Assessment | £2,647,088 |
| Land Assessment | £923,315 | Total Assessment | £3,570,403 |
PROPERTY TAXES
Parcel Number
LBNN-000005R-000000-000022
Land Assessment
£923,315
Improvements Assessment
£2,647,088
Total Assessment
£3,570,403
zoning
| Zoning Code | RA |
| RA |
Contacts
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Mike Nissley -
Richard Knapp -
David Nissley -
Michael Cobb -
Colliers Manufactured Housing & RV Group
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21 Flat Rock Bridge Rd - Lebanon KOA Holiday on Salmon Falls River
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