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26466339
26466324

9655 PA-285, Conneaut Lake, PA 16316

DK
SC SC 111951
Campfire Capital Group
JT
SC 140881
Campfire Capital Group
Listed by Campfire Capital Group
$2,300,000
295 days on market
Updated 57 days ago

Connneaut Lake Family Campground

Details
Property Type Multifamily
Sub Type RV Park, Campground
Units 118
Cap Rate 9.24%
NOI $212,563
Occupancy 72%
Pro-Forma Cap Rate 10.57%
Pro-Forma NOI $243,015
Class B
Year Renovated 2025
Buildings 19
Acreage 47.000

118 sites on ±47 acres | stable cash flow | strong demand | expansion potential

Marketing description

Campfire Capital Group is proud to present Conneaut Lake Family Campground, a stabilized ±47-acre outdoor hospitality asset featuring 104 full-hookup RV sites and 14 cabins just minutes from Pennsylvania’s largest natural lake. The property is on track to generate $200K+ NOI, supported by diverse revenue streams from RVs, cabins, tent camping, and ancillary amenities.

Guests enjoy a robust amenity package; swimming pool, fishing pond, bathhouse, laundry, WiFi, and camp store — while investors benefit from existing infrastructure (30/50 AMP service, city water, septic) and expansion potential for additional RV sites, cabins, or glamping units. Market comps across the region validate higher rate potential, with nightly rents ranging from $50–$94, monthly rates of $1,000+, and seasonal rates reaching $4,800+, underscoring a clear path for revenue growth.

With stabilized income today, proven market comps validating higher rates, and nearly 48 acres offering expansion flexibility, Conneaut Lake Family Campground delivers the trifecta investors want: current yield, upside, and scale in one of Pennsylvania’s strongest outdoor hospitality markets.

Investment highlights

  • Stabilized Income Stream – Tracking $200K+ NOI today with conservative upside through straightforward operational improvements.

  • Prime Destination Location – Minutes from Pennsylvania’s largest natural lake, drawing consistent seasonal traffic from Pittsburgh (95 mi), Erie (45 mi), and Cleveland (105 mi).

  • High Seasonal Demand – Regional tourism, family recreation, and repeat campers provide reliable occupancy throughout the season.

  • Multiple Revenue Streams – Income supported by RV sites, cabins, tent camping, and ancillary amenities.

  • Robust Amenity Package – Swimming pool, fishing pond, bathhouse, laundry facilities, camp store, WiFi—competitive with leading regional operators.

  • Expansion & Value-Add Potential – ±47 acres allow for additional RV/cabin/glamping sites, premium RV upgrades, and much more.

  • Market-Validated Upside – Regional comps confirm nightly rates of $50–$94, monthly rates of $1,000+ and seasonal rents reaching $4,800+, supporting immediate revenue growth potential.

Listing Contacts

DK
SC SC 111951
Campfire Capital Group
JT
SC 140881
Campfire Capital Group
Listed by Campfire Capital Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$212,563.00
$17,713.58/mo

Valuation Metrics

0
DSCR
9.24%
Cap Rate
9.24%
ROI

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Additional Information

Name
Brian Brockman
License
RM423816
Brokerage
Bang Realty-Pennsylvania Inc
Brokerage Phone
513-898-1551
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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