3257 Colechester Rd - North Bay Shore Campground
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3257 Colechester Rd - North Bay Shore Campground
1,088 SF Speciality Building Offered at £4,694,700 at a 5.09% Net Initial Yield in Virginia Beach, VA 23456
Investment Highlights
- One-of-a-Kind Waterfront RV Campground in a Highly Desirable Area
- Expansion Opportunities Grandfathered in to Expand the Size of the Park on Its 50+ Acres of Waterfront Property
- Amenities Include: Boat Ramp Onsite, Dockage Available, Pool, Game Room, Sports Courts, Playground, Bathhouse, Kayak
- This Property is Surrounded on the Waterfront Side by Wildlife Refuge That Can't be Developed to Help Preserve the Unique Tranquility
- Minutes From the Atlantic Ocean Beaches by Boat or Vehicle and Minutes to Dock and Dine Restaurant by Boat
- Multiple Additional Revenue Streams to Include: Park Store Selling Supplies, Ice, Refreshments, Firewood and Bait, Boat & RV Storage
Executive Summary
Sands Investment Group is Pleased to Present Exclusively For Sale the 50.89 Acres North Bay Shore Campground Located at 3257 Colechester Road in Virginia Beach, Virginia. This is a One-of-a-Kind Waterfront RV Campground in a Highly Desirable Area. The Property is Surrounded on the Waterfront Side By Wildlife Refuge That Can't Be Developed to Help Preserve the Unique Tranquility of the Park, Providing For a Secured Investment.
In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Virginia Broker #0226032019 Licensed in AR, CA, CO, CT, DC, FL, GA, HI, ID, IL, IA, IN, KS, KY, ME, MD, MA, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, NV, NM, NC, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers | SIG Works With Non-Resident Prospective Buyers
In Association with Scott Reid & ParaSell, Inc. | Costa Mesa, California | A Licensed Virginia Broker #0226032019 Licensed in AR, CA, CO, CT, DC, FL, GA, HI, ID, IL, IA, IN, KS, KY, ME, MD, MA, MI, MN, MO, MT, NC, ND, NE, NJ, NM, NY, NV, NM, NC, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WY Scott Reid & ParaSell, Inc. Works With Prospective Virginia Resident Buyers | SIG Works With Non-Resident Prospective Buyers
Property Facts
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PROPERTY TAXES
| Parcel Number | 2422-19-1067 | Improvements Assessment | £453,978 |
| Land Assessment | £373,229 | Total Assessment | £827,206 |
PROPERTY TAXES
Parcel Number
2422-19-1067
Land Assessment
£373,229
Improvements Assessment
£453,978
Total Assessment
£827,206
zoning
| Zoning Code | 6 |
| 6 |
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3257 Colechester Rd - North Bay Shore Campground
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