21 FLAT ROCK BRIDGE RD Lebanon ME 04027-4017

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).

• Institutionally owned and operated with strong in-place management.

• Expansion/upgrade plan ready for a new buyer to take this resort to the next level with 55 new sites, 15 new cabins, 15 tent site to RV site conversions and upgrading RV sites to 50 amp full hookups.

• Opportunity to grow other and ancillary revenue including premium Wi-Fi, additional golf carts, bike/kayak rentals, and expanded retail and food service.

• Converting additional sites to cabins, park models, or luxury sites which have higher rates would drive additional revenue.

• Located between major route U.S. 125 and U.S. 202 on the New Hampshire and Maine border, the resort features 1-mile of frontage along the 37.5 mile Salmon Falls River.